Arkansas Statutes

§ 23-11-219 — Subscription contracts for sale of stock

Arkansas § 23-11-219

This text of Arkansas § 23-11-219 (Subscription contracts for sale of stock) 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. § 23-11-219 (2026).

Text

Railroad corporations organized under the law of this state are authorized to enter into subscription contracts for the sale of their stock under such terms, conditions, and restrictions and subject to such liabilities relative thereto as are provided by law for such contracts by private corporations, except as such contracts may be restricted by the articles of incorporation or the Arkansas Department of Transportation.

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Legislative History

Amended by Act 2017, No. 707,§ 162, eff. 8/1/2017. Acts 1959, No. 30, § 11; A.S.A. 1947, § 73-324.2.

Nearby Sections

15
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Bluebook (online)
Arkansas § 23-11-219, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-11-219.