Arkansas Code Title 4, Subtitle 3, Chapter 33, Subchapter 3 - Purposes and Powers

  • § 4-33-301 - Purposes.
    (a) Every corporation incorporated under this chapter has the purpose of engaging in any lawful activity unless a more limited purpose is set forth...
  • § 4-33-302 - 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...
  • § 4-33-303 - 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)...
  • § 4-33-304 - 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