Arkansas Statutes
§ 4-28-605 — Legal entity; Perpetual existence; Powers
Arkansas·Title 4
(a)An unincorporated nonprofit association is a legal entity distinct from its members and managers.
(b)An unincorporated nonprofit association has perpetual duration unless the governing principles specify otherwise.
(c)An unincorporated nonprofit association has the same powers as an individual to do all things necessary or convenient to carry on its purposes.
(d)An unincorporated nonprofit association may engage in profit-making activities but profits from any activities must be used or set aside for the association's nonprofit purposes.
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Legislative History
Acts 2011, No. 202, § 2.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of subtitle§ 4-1-104
Construction against implicit repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - Gender§ 4-1-107
Section captions§ 4-1-201
General definitions§ 4-1-202
Notice - Knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - Seasonableness§ 4-1-206
Presumptions