Arkansas Code Title 23, Subtitle 3, Chapter 74, Subchapter 5 - Financial
- § 23-74-501 - Investments.
A society shall invest its funds only in such investments as are authorized by the laws of this state for the investment of assets...
- § 23-74-502 - Funds.
(a) All assets shall be held, invested, and disbursed for the use and benefit of the society, and no member or beneficiary shall have...
- § 23-74-503 - Exemptions.
Except as herein provided, societies shall be governed by this chapter and shall be exempt from all other provisions of the general insurance laws...
- § 23-74-504 - Taxation.
Every society organized or licensed under this chapter is hereby declared to be a charitable and benevolent institution, and all of its funds shall...
Last modified: November 15, 2016