Arkansas Statutes

§ 4-33-832 — Loans to or guaranties for directors and officers

Arkansas § 4-33-832

This text of Arkansas § 4-33-832 (Loans to or guaranties for directors and officers) 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. § 4-33-832 (2026).

Text

(a)A corporation may not lend money to or guaranty the obligation of a director or officer of the corporation.
(b)The fact that a loan or guaranty is made in violation of this section does not affect the borrower's liability on the loan.

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Legislative History

Acts 1993, No. 1147, § 832.

Nearby Sections

15
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Bluebook (online)
Arkansas § 4-33-832, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/4-33-832.