Arkansas Statutes

§ 4-28-202 — Definitions

Arkansas § 4-28-202

This text of Arkansas § 4-28-202 (Definitions) 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. § 4-28-202 (2026).

Text

As used in §§ 4-28-201 - 4-28-206 and 4-28-209 - 4-28-224 , unless the context otherwise requires:

(1)"Board of directors" means the group of persons vested with the management of the affairs of the corporation;
(2)"Corporation" means a domestic corporation not for profit subject to the provisions of §§ 4-28-201 - 4-28-206 and 4-28-209 - 4-28-224 ;
(3)"Foreign corporation" means a corporation not for profit organized under laws other than the laws of this state; and (4) "Not-for-profit corporation" means a corporation no part of the income of which is distributable to its members, directors, or officers. Sections 4-28-201 - 4-28-206 and 4-28-209 - 4-28-224 shall apply only to corporations organized under the laws of this state authorizing organization of nonprofit corporations.

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Related

Legislative History

Acts 1963, No. 176, § 2; A.S.A. 1947, § 64-1902.

Nearby Sections

15
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Bluebook (online)
Arkansas § 4-28-202, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/4-28-202.