Arkansas § 4-28-210 Members

Arkansas Statutes

§ 4-28-210 — Members

Arkansas § 4-28-210

Title4

This text of Arkansas § 4-28-210 (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. § 4-28-210 (2026).

Text

(a)A corporation may have one (1) or more classes of members, or may have no members, as provided in the articles of incorporation.

(b)(1) If a membership fee is collected, a serially numbered certificate evidencing the membership fee shall be issued.

(2)The records of the corporation shall clearly indicate the amount of the fee collected for each serially numbered certificate of membership.

(3)If honorary membership certificates are issued, the records of the corporation shall reflect each and every one (1) issued.

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(a) A corporation may have one (1) or more classes of members, or may have no members, as provided in the articles of incorporation. (b) (1) If a membership fee is collected, a serially numbered certificate evidencing the membership fee shall be issued. (2) The records of the corporation shall clearly indicate the amount of the fee collected for each serially numbered certificate of membership. (3) If honorary membership certificates are issued, the records of the corporation shall reflect each and every one (1) issued.