(a) An unincorporated nonprofit association may acquire, hold, encumber, or transfer in its name an interest in real or personal property.
(b) An unincorporated nonprofit association may be a beneficiary of a trust or contract, a legatee or a devisee.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 28 - Nonprofit Organizations
Subchapter 6 - Revised Uniform Unincorporated Nonprofit Association Act
§ 4-28-603. Relation to other law
§ 4-28-605. Legal entity; Perpetual existence; Powers
§ 4-28-606. Ownership and transfer of property
§ 4-28-607. Statement of authority as to real property
§ 4-28-609. Assertion and defense of claims
§ 4-28-610. Effect of judgment or order
§ 4-28-611. Appointment of agent to receive service of process
§ 4-28-612. Service of process
§ 4-28-613. Action or proceeding not abated by change
§ 4-28-616. Approval by members
§ 4-28-617. Meetings of members; Voting, notice, and quorum requirements
§ 4-28-619. Admission, suspension, dismissal, or expulsion of members
§ 4-28-620. Member's resignation
§ 4-28-621. Membership interest not transferable
§ 4-28-622. Selection of managers; Management rights of managers
§ 4-28-623. Duties of managers
§ 4-28-624. Notice and quorum requirements for meetings of managers
§ 4-28-625. Right of member or manager to information
§ 4-28-626. Distributions prohibited; Compensation and other permitted payments
§ 4-28-627. Reimbursement; Indemnification; Advancement of expenses
§ 4-28-629. Winding up and termination
§ 4-28-631. Transition concerning real and personal property
§ 4-28-632. Uniformity of application and construction
§ 4-28-633. Relation to Electronic Signatures in Global and National Commerce Act