Arkansas Code Title 4, Subtitle 3, Chapter 27, Subchapter 3 - Purposes and Powers

• § 4-27-301 - Purposes.
  (a) Every corporation incorporated under this chapter has the purpose of engaging in any lawful business unless a more limited purpose is specifically set...
• § 4-27-302 - General Powers.
  Unless its articles of incorporation provide otherwise, every corporation has perpetual duration and succession in its corporate name and has the same powers as...
• § 4-27-303 - Emergency Powers.
  (a) In anticipation of or during an emergency defined in subsection (d) of this section, the board of directors of a corporation may: (1)...
• § 4-27-304 - Ultra Vires.
  (a) Except as provided in subsection (b) of this section, the validity of corporate action may not be challenged on the ground that the...

Last modified: November 15, 2016