(a) By its bylaws, any cooperative may provide for an executive committee to be elected from and by its board of directors.
(b) To such committee may be delegated the management of the current and ordinary business of the cooperative and such other duties as the bylaws may prescribe, but the designation of the committee and the delegation of authority thereto shall not operate to relieve the board of directors or any member thereof of any responsibility imposed upon it or him or her by this subchapter.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 1 - Public Utilities And Carriers
Chapter 17 - Telephone and Telegraph Companies
Subchapter 2 - Rural Telecommunications Cooperative Act
§ 23-17-204. Purpose of cooperative
§ 23-17-205. Powers of cooperative
§ 23-17-206. Jurisdiction of commission
§ 23-17-208. Cooperative names
§ 23-17-209. Articles of incorporation — Contents
§ 23-17-210. Articles of incorporation — Execution, filing, and recording
§ 23-17-211. Articles of incorporation — Amendment
§ 23-17-212. Certificate of incorporation
§ 23-17-213. Organizational meeting
§ 23-17-215. Qualifications of members
§ 23-17-216. Membership fees and capital credits
§ 23-17-217. Meetings of members
§ 23-17-218. Board of directors generally
§ 23-17-219. Board of directors — Elections — Term of office — Vacancies
§ 23-17-220. Board of directors — Meetings
§ 23-17-221. Officers, agents, and employees
§ 23-17-222. Executive committee
§ 23-17-223. Waiver of notice of meeting
§ 23-17-228. Nonprofit operation
§ 23-17-230. Taxation — Exemptions
§ 23-17-231. Mortgage, pledge, or other disposition of property
§ 23-17-232. Recordation of mortgages — Effect thereof
§ 23-17-233. Nonliability of members and shareholders for debts of cooperatives
§ 23-17-235. Liabilities of connecting companies or cooperatives
§ 23-17-236. Construction standards
§ 23-17-237. Limitation of actions
§ 23-17-238. Indemnification of directors, officers, employees, or agents — Insurance
§ 23-17-240. Unclaimed capital credits and stock