Arkansas § 23-18-318 Members

Arkansas Statutes

§ 23-18-318 — Members

Arkansas § 23-18-318

Title23

This text of Arkansas § 23-18-318 (Members) 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. § 23-18-318 (2026).

Text

(a)(1) All persons proposed to be served by a corporation shall be eligible to membership in a corporation.

(2)No person other than the incorporators shall be, become, or remain a member of a corporation unless the person shall use or agree to use electric energy or, as the case may be, the facilities, supplies, equipment, and services furnished by a corporation.

(b)A corporation organized under this subchapter may become a member of another such corporation and may avail itself fully of the facilities and services thereof.

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(a) (1) All persons proposed to be served by a corporation shall be eligible to membership in a corporation. (2) No person other than the incorporators shall be, become, or remain a member of a corporation unless the person shall use or agree to use electric energy or, as the case may be, the facilities, supplies, equipment, and services furnished by a corporation. (b) A corporation organized under this subchapter may become a member of another such corporation and may avail itself fully of the facilities and services thereof.