Arkansas Code Title 6, Subtitle 1, Chapter 2 - Corporate Charters

• § 6-2-101 - Applicability.
  The provisions of this chapter shall apply to all institutions at present existing under or by virtue of charters in the State of Arkansas.
• § 6-2-102 - Number of Persons Required to Incorporate -- Name of Association.
  (a) Any number of persons, the multiple of three (3), not less than six (6) nor more than thirty-three (33), who have associated or...
• § 6-2-103 - Purpose -- Use of Funds or Property.
  (a) The purpose for which every such corporation shall be established shall be distinctly specified in its articles of association.(b) It shall not be...
• § 6-2-104 - Initial Meeting -- Quorum.
  (a) When the requisite number of persons shall have associated according to the provisions of this chapter, any three (3) of them may call...
• § 6-2-105 - Trustees.
  (a) The persons thus associated shall be the trustees of the proposed institution.(b) Unless they otherwise provide in their charter, the trustees shall annually...
• § 6-2-106 - [Repealed.]
• § 6-2-107 - Change of Name or Provisions.
  (a) Whenever the trustees of any corporate institution of learning are desirous of changing its name or the provisions of its charter, they may...
• § 6-2-108 - Filing and Recording Fees.
  (a) The Secretary of State may set and receive a reasonable fee for the filing and recording of a charter of any educational institution...
• § 6-2-109 - Corporate Power and Government.
  (a) Unless otherwise provided in its charter or by the governing body of the church or denomination under whose control the institution is organized...
• § 6-2-110 - Power to Borrow for the Construction of Facilities.
  The governing body of a corporation organized under the provisions of this chapter shall have the power, for and on behalf of the corporation:...
• § 6-2-111 - Degrees, Diplomas, and Honors.
  (a) All institutions incorporated as colleges or universities shall have power to confer the customary degrees and grant the usual diplomas and honors conferred...
• § 6-2-112 - Gift, Bequest, or Devise for Particular Purpose.
  No gift, bequest, or devise made to any such institution for a particular purpose shall be applied to any other purpose unless it is...
• § 6-2-113 - Prohibition on Gaming and Liquor Sales.
  (a) To protect the youth assembled at institutions organized under the provisions of this chapter, while removed from the customary restraints of home and...

Last modified: November 15, 2016