Arkansas § 2-2-101 Purpose

Arkansas Statutes

§ 2-2-101 — Purpose

Arkansas § 2-2-101

Title2

This text of Arkansas § 2-2-101 (Purpose) 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. § 2-2-101 (2026).

Text

(a)The purposes of this subchapter are to provide for:

(1)The formation and operation of agricultural cooperative associations; and (2) The rights, powers, liabilities, and duties of cooperative associations.

(b)Associations organized under this subchapter shall be deemed to be nonprofit, inasmuch as they are not organized for the purpose of making profits for themselves or for their members as proprietors, but only for their members as patrons and employees of the associations.

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(a) The purposes of this subchapter are to provide for: (1) The formation and operation of agricultural cooperative associations; and (2) The rights, powers, liabilities, and duties of cooperative associations. (b) Associations organized under this subchapter shall be deemed to be nonprofit, inasmuch as they are not organized for the purpose of making profits for themselves or for their members as proprietors, but only for their members as patrons and employees of the associations.