(a) After the issuance of the certificate of incorporation, an organizational meeting shall be held at the call of a majority of the incorporators for the purpose of adopting bylaws and electing officers and for the transaction of such other business as properly may come before the meeting.
(b) The incorporators calling the meeting shall give at least three (3) days' notice thereof by mail to each incorporator. This notice shall state the time and place of the meeting, but notice may be waived in writing.
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