Arkansas Statutes

§ 23-18-322 — Executive committee

Arkansas § 23-18-322

This text of Arkansas § 23-18-322 (Executive committee) 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. § 23-18-322 (2026).

Text

(a)Any corporation by its bylaws may provide for an executive committee to be elected from and by its board of directors.
(b)The management of the current and ordinary business of the corporation and such other duties as the bylaws may prescribe may be delegated to the committee, but the designation of the committee and the delegation thereto of authority shall not operate to relieve the board of directors, or any member thereof, of any responsibility imposed upon it or him or her by this subchapter.

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Legislative History

Acts 1937, No. 342, § 24; Pope's Dig., § 2338; A.S.A. 1947, § 77-1124.

Nearby Sections

15
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Bluebook (online)
Arkansas § 23-18-322, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-18-322.