All business corporations, railroad corporations, banking corporations, insurance corporations, building and loan corporations, benevolent corporations, and cooperative associations shall have the power to make donations for the public welfare or for charitable, scientific, or educational purposes, subject to such limitations, if any, as may be contained in its articles of incorporation or any amendment thereto.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 25 - General Provisions
§ 4-25-101. Resignation of agent
§ 4-25-102. Corporate security or surety bonds
§ 4-25-103. Contributions authorized
§ 4-25-105. Joint tenancy in stock certificate
§ 4-25-106. Authorization for preexisting corporations to do business in state
§ 4-25-107. Effect of certain contract provision upon determination of agency
§ 4-25-108. Eligibility to receive county grants
§ 4-25-109. Corporation permitted to change its state of incorporation. [Effective May 1, 2021.]