Arkansas § 4-28-202 Definitions

Arkansas Statutes

§ 4-28-202 — Definitions

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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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.

Arkansas § 4-28-202 (Definitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Melanie Foster; Forest Roberts; Kathryn Clark; Christie Waggoner; Sawney Huckabay; And Allen Family Farm, Inc., an Arkansas Non-Profit Corporation v. Carla Muruaga-Atkins; Carol Ann Martin, Individually; Laura Martin, Individually; Laura Martin, as Mother and Next Friend of Two Unemancipated Minor Children; Caitlyn Peterson, Individually; Caitlyn Peterson, as Mother and Next Friend of Three Unemancipated Minor Children; And Kathryn Ahlefeld

2024 Ark. App. 526 (Court of Appeals of Arkansas, 2024)