Arkansas § 4-28-205 Lawful purposes

Arkansas Statutes

§ 4-28-205 — Lawful purposes

Arkansas § 4-28-205

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This text of Arkansas § 4-28-205 (Lawful purposes) 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. § 4-28-205 (2026).

Text

Corporations may be organized under §§ 4-28-201 - 4-28-206 and 4-28-209 - 4-28-224 for any lawful purpose including, without being limited to any one (1) or more of the following purposes: charitable; benevolent; eleemosynary; educational; civic; patriotic; political; religious; social; fraternal; literary; cultural; athletic; scientific; agricultural; horticultural; animal husbandry; and professional, commercial, industrial, or trade association. However, labor unions, rural electric corporations, cooperative agricultural or marketing associations, etc., organized for either direct or indirect financial gain or advantage, and any cooperative associations coming within the purview of §§ 4-30-101 - 4-30-117 , 4-30-201 , 4-30-202 , and 4-30-204 - 4-30-207 shall be governed by the particular 

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Corporations may be organized under §§ 4-28-201 - 4-28-206 and 4-28-209 - 4-28-224 for any lawful purpose including, without being limited to any one (1) or more of the following purposes: charitable; benevolent; eleemosynary; educational; civic; patriotic; political; religious; social; fraternal; literary; cultural; athletic; scientific; agricultural; horticultural; animal husbandry; and professional, commercial, industrial, or trade association. However, labor unions, rural electric corporations, cooperative agricultural or marketing associations, etc., organized for either direct or indirect financial gain or advantage, and any cooperative associations coming within the purview of §§ 4-30-101 - 4-30-117 , 4-30-201 , 4-30-202 , and 4-30-204 - 4-30-207 shall be governed by the particular acts applicable to such associations.