Arkansas Code Title 4, Subtitle 3, Chapter 33, Subchapter 8, Part a - Board of Directors

• § 4-33-801 - Requirement for and Duties of Board.
  (a) Each corporation must have a board of directors.(b) Except as provided in this chapter or subsection (c) of this section, all corporate powers...
• § 4-33-802 - Qualification of Directors.
  All directors must be individuals. The articles or bylaws may prescribe other qualifications for directors.
• § 4-33-803 - Number of Directors.
  (a) A board of directors must consist of three (3) or more individuals, with the number specified in or fixed in accordance with the...
• § 4-33-804 - Election, Designation and Appointment of Directors.
  (a) If the corporation has members, all the directors (except the initial directors) shall be elected at the first annual meeting of members, and...
• § 4-33-805 - Terms of Directors Generally.
  (a) The articles or bylaws must specify the term of directors. Except for designated or appointed directors, the terms of directors may not exceed...
• § 4-33-806 - Staggered Terms for Directors.
  The articles or bylaws may provide for staggering the terms of directors by dividing the total number of directors into groups. The terms of...
• § 4-33-807 - Resignation of Directors.
  (a) A director may resign at any time by delivering written notice to the board of directors, its presiding officer or to the president...
• § 4-33-808 - Removal of Directors Elected by Members or Directors.
  (a) The members may remove one (1) or more directors elected by them without cause.(b) If a director is elected by a class, chapter...
• § 4-33-809 - Removal of Designated or Appointed Directors.
  (a) A designated director may be removed by an amendment to the articles or bylaws deleting or changing the designation.(b) Appointed directors: (1) Except...
• § 4-33-810 - Removal of Directors by Judicial Proceeding.
  (a) The circuit court of the county where a corporation's principal office is located may remove any director of the corporation from office in...
• § 4-33-811 - Vacancy on Board.
  (a) Unless the articles or bylaws provide otherwise, and except as provided in subsections (b) and (c) of this section, if a vacancy occurs...
• § 4-33-812 - Compensation of Directors.
  Unless the articles or bylaws provide otherwise, a board of directors may fix the compensation of directors.
• § 4-33-813 -- 4-33-819 - [Reserved.]

Last modified: November 15, 2016