Arkansas Code
Subchapter 12 - County and Regional Industrial Development Company Act
§ 15-4-1203. Liberal construction

(a) This subchapter shall be construed liberally.
(b) The enumeration of any object, purpose, power, manner, method, or thing shall not be deemed to exclude like or similar objects, purposes, powers, manners, methods, or things.

Structure Arkansas Code

Arkansas Code

Title 15 - Natural Resources and Economic Development

Subtitle 1 - Development Of Economic And Natural Resources Generally

Chapter 4 - Development Of Business And Industry Generally

Subchapter 12 - County and Regional Industrial Development Company Act

§ 15-4-1201. Title

§ 15-4-1202. Definitions

§ 15-4-1203. Liberal construction

§ 15-4-1204. Application for preliminary approval

§ 15-4-1205. Preliminary approval

§ 15-4-1206. Organization

§ 15-4-1207. Liability of directors, officers, managers, and members

§ 15-4-1208. Certificate of organization

§ 15-4-1209. Final investigation and approval by the board

§ 15-4-1210. Commencement and continuation of existence

§ 15-4-1211. Articles of incorporation or articles of organization

§ 15-4-1212. Amendment to articles of incorporation or articles of organization

§ 15-4-1213. Management of company

§ 15-4-1214. Powers of the company

§ 15-4-1215. Dividends and distributions

§ 15-4-1216. Bonds and notes of the company

§ 15-4-1217. Authority of other corporations and financial institutions

§ 15-4-1218. Member financial institutions — Loan limits

§ 15-4-1219. Withdrawal of members

§ 15-4-1220. Exemption for securities

§ 15-4-1221. Obligations as negotiable instruments

§ 15-4-1222. Eligibility for certain investments

§ 15-4-1223. Exemption from certain taxes

§ 15-4-1225. Loan policy

§ 15-4-1226. Supervision of companies

§ 15-4-1227. Dissolution of company

§ 15-4-1228. Investigations by Bank Commissioner or Securities Commissioner — Injunctions