The resignation takes effect February 1st.
Darr resigned after an ethics scandal that found the one-term lieutenant governor spent over $30,000 in campaign funds for personal use.
An Arkansas Ethics Commission investigation report released this week revealed details of Darr's expenditures.
The report concluded had Darr sought guidance from the staff of the ethics commission, "he could have avoided many instances of making personal use of campaign funds and record keeping and reporting issues."
On Friday, governor Mike Beebe maintained his desire to avoid a special election to replace Darr that would cost an estimated $4 million in taxpayer dollars.
"They're trying to determine what the consensus is in the respective bodies and get back to us," Beebe says. "We'll be guided by what information we get back from the leadership of the House and Senate."
Arkansas voters will elect a new Lieutenant Governor in November.
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