In the event any corporation has filed defective articles of incorporation or has failed to do all things necessary to perfect its corporate organization, it nevertheless may file corrected articles of incorporation or amend the original articles and do and perform all acts and things necessary in the premises for the correction of such defects. The action so taken shall be valid and binding upon all persons concerned. The capacity of the corporation to file corrected articles of incorporation or amendments to the original articles or to do and perform all acts and things necessary in the premises shall not be questioned.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 1 - Public Utilities And Carriers
Chapter 18 - Light, Heat, And Power Utilities
Subchapter 3 - Electric Cooperative Corporation Act
§ 23-18-304. Other laws inapplicable
§ 23-18-305. Extension of subchapter to other corporations
§ 23-18-306. Purposes of cooperatives
§ 23-18-307. Powers of corporation
§ 23-18-308. Jurisdiction of commission
§ 23-18-310. Cooperative names
§ 23-18-311. Articles of incorporation
§ 23-18-312. Articles of incorporation — Execution — Filing and recording
§ 23-18-313. Articles of incorporation — Amendment
§ 23-18-314. Certificate of incorporation
§ 23-18-315. Correction of defects of organization
§ 23-18-316. Organizational meeting — Notice
§ 23-18-319. Certificate of membership
§ 23-18-320. Meetings of members
§ 23-18-321. Board of directors
§ 23-18-322. Executive committee
§ 23-18-323. Officers, agents, and employees
§ 23-18-327. Nonprofit operation — Use of revenues
§ 23-18-329. Annual license fee