62 chapters · 2,555 sections in this title.
Ark. Code Ann. § 6-2-101 Applicability
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The provisions of this chapter shall apply to all institutions at present existing under or by virtue of charters in the State of Arkansas.
Ark. Code Ann. § 6-2-102 Number of persons required to incorporate — Name of association
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(a) Any number of persons, the multiple of three (3), not less than six (6) nor more than thirty-three (33), who have associated or shall associate, according to the provisions of this chapter, under any name assumed by them, for the purpose of founding or maintaining any institu…
Ark. Code Ann. § 6-2-103 Purpose — Use of funds or property
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(a) The purpose for which every such corporation shall be established shall be distinctly specified in its articles of association. (b) It shall not be lawful for the corporation to divert or appropriate its funds or property for any other purpose unless authorized to do so by th…
Ark. Code Ann. § 6-2-104 Initial meeting — Quorum
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(a) When the requisite number of persons shall have associated according to the provisions of this chapter, any three (3) of them may call the first meeting of the corporation by giving notice of the meeting to each member of the association by written or printed circulars at lea…