Arkansas Code Title 4, Subtitle 3, Chapter 32, Subchapter 4 - Rights and Duties of Members and Managers

• § 4-32-401 - Management.
  (a) With respect to persons other than members, management of the affairs of the limited liability company shall be governed by § 4-32-301.(b) Unless...
• § 4-32-402 - Duties of Managers and Members.
  Unless otherwise provided in an operating agreement: (1) A member or manager shall not be liable, responsible, or accountable in damages or otherwise to...
• § 4-32-403 - Voting.
  (a) Unless otherwise provided in an operating agreement or this chapter, and subject to subsection (b) of this section, the affirmative vote, approval or...
• § 4-32-404 - Limitation of Liability and Indemnification of Members and Managers.
  An operating agreement which is in writing may: (1) Eliminate or limit the personal liability of a member or manager for monetary damages for...
• § 4-32-405 - Records and Information.
  (a) Unless otherwise provided in writing in an operating agreement, a limited liability company shall keep at its principal place of business the following:...

Last modified: November 15, 2016