Arkansas Statutes
§ 14-47-111 — Refusal of director to serve
Arkansas § 14-47-111
JurisdictionArkansas
Title14
This text of Arkansas § 14-47-111 (Refusal of director to serve) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ark. Code Ann. § 14-47-111 (2026).
Text
(a)A person who has been elected or appointed a director and neglects or refuses to qualify and serve as such is guilty of a violation and upon conviction shall be fined in any sum of not less than one hundred dollars ($100) nor more than three hundred dollars ($300).
(b)However, the directors, for good cause shown, may permit a director to resign.
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Legislative History
Amended by Act 2023, No. 203,§ 6, eff. 8/1/2023. Acts 1921, No. 99, § 14; Pope's Dig., § 10102; Acts 1957, No. 8, § 8; 1983, No. 650, § 1; A.S.A. 1947, § 19-714.
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Liability for costs and attorney's feesCite This Page — Counsel Stack
Bluebook (online)
Arkansas § 14-47-111, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/14-47-111.