Arkansas § 23-10-108 Railroads - Officers, agents, or employees not to be personally interested in contracts

Arkansas Statutes

§ 23-10-108 — Railroads - Officers, agents, or employees not to be personally interested in contracts

Arkansas § 23-10-108

Title23

This text of Arkansas § 23-10-108 (Railroads - Officers, agents, or employees not to be personally interested in contracts) 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. § 23-10-108 (2026).

Text

(a)No president, director, officer, agent, or employee of any railroad shall be interested, directly or indirectly, in the furnishing of materials or supplies to the railroad or in the business of transportation as a common carrier of freight or passengers over the works owned, leased, controlled, or worked by the railroad, nor in any arrangement which shall afford more advantageous terms or greater facilities than are offered or accorded to the public.

(b)All contracts and arrangements in violation of this section shall be void.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) No president, director, officer, agent, or employee of any railroad shall be interested, directly or indirectly, in the furnishing of materials or supplies to the railroad or in the business of transportation as a common carrier of freight or passengers over the works owned, leased, controlled, or worked by the railroad, nor in any arrangement which shall afford more advantageous terms or greater facilities than are offered or accorded to the public. (b) All contracts and arrangements in violation of this section shall be void.