Arkansas Code Title 4, Subtitle 3, Chapter 36, Subchapter 3 - Accountability

  • § 4-36-301 - Standard of Conduct for Directors.
    (a) In discharging the duties of their respective positions and in considering the best interests of the benefit corporation, the board of directors, committees...
  • § 4-36-302 - Benefit Director.
    (a) The board of directors of a benefit corporation may include a director who: (1) Is designated the benefit director; and (2) Has the...
  • § 4-36-303 - Standard of Conduct for Officers.
    (a) An officer of a benefit corporation shall consider the interests and factors described in ยง 4-36-301 if: (1) The officer has discretion to...
  • § 4-36-304 - Benefit Officer.
    (a) A benefit corporation may have an officer designated as the benefit officer.(b) A benefit officer shall have: (1) The powers and duties relating...
  • § 4-36-305 - Right of Action.
    (a) Except in a benefit enforcement proceeding, a person may not bring an action or assert a claim against a benefit corporation or its...

Last modified: November 15, 2016