Arkansas Statutes
§ 23-111-402 — Definition
Arkansas·Title 23
For the purposes of §§ 23-111-401 , 23-111-403 - 23-111-405 , and 23-111-407 - 23-111-409 , "principal stockholder" means every stockholder, either individual, partnership, association, or corporation, owning or having control of ten percent (10%) or more of the outstanding stock of a corporation which is an applicant for, or holder of, a franchise to conduct dog racing in this state.
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Legislative History
Acts 1968 (2nd Ex. Sess.), No. 8, § 4; A.S.A. 1947, § 84-2823.4.
Nearby Sections
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Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
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