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Title 4 - Business and Commercial Law
Arkansas Code Title 4, Subtitle 3, Chapter 33, Subchapter 13 - Distributions
Arkansas Code Title 4, Subtitle 3, Chapter 33, Subchapter 13 - Distributions
§ 4-33-1301 - Prohibited Distributions.
Except as authorized by ยง 4-33-1302, a corporation shall not make any distributions.
§ 4-33-1302 - Authorized Distributions.
(a) A mutual benefit corporation may purchase its memberships if after the purchase is completed: (1) the corporation would be able to pay its...
Last modified: November 15, 2016