Arkansas Code § 4-28-622 - Selection of Managers; Management Rights of Managers

Except as otherwise provided in this subchapter or the governing principles:

(1) only the members may select a manager or managers;

(2) a manager may be a member or a nonmember;

(3) if a manager is not selected, all members are managers;

(4) each manager has equal rights in the management and conduct of the association's activities;

(5) all matters relating to the association's activities are decided by its managers except for matters reserved for approval by members in ยง 4-28-616; and

(6) a difference among managers is decided by a majority of the managers.

Section: Previous  4-28-615  4-28-616  4-28-617  4-28-618  4-28-619  4-28-620  4-28-621  4-28-622  4-28-623  4-28-624  4-28-625  4-28-626  4-28-627  4-28-628  4-28-629  Next

Last modified: November 15, 2016