Arkansas Code
Subchapter 6 - Revised Uniform Unincorporated Nonprofit Association Act
§ 4-28-607. Statement of authority as to real property

(a) In this section, “statement of authority” means a statement authorizing a person to transfer an interest in real property held in the name of an unincorporated nonprofit association.
(b) An interest in real property held in the name of an unincorporated nonprofit association may be transferred by a person authorized to do so in a statement of authority recorded by the association in the office in the county in which a transfer of the property would be recorded.
(c) A statement of authority must set forth:
(1) the name of the unincorporated nonprofit association;
(2) the address in this state, including the street address, if any, of the association or, if the association does not have an address in this state, its out-of-state address;
(3) that the association is an unincorporated nonprofit association; and
(4) the name, title, or position of a person authorized to transfer an interest in real property held in the name of the association.

(d) A statement of authority must be executed in the same manner as an affidavit by a person other than the person authorized in the statement to transfer the interest.
(e) A filing officer may collect a fee for recording a statement of authority in the amount authorized for recording a transfer of real property.
(f) A document amending, revoking, or canceling a statement of authority or stating that the statement is unauthorized or erroneous must meet the requirements for executing and recording an original statement.
(g) Unless canceled earlier, a recorded statement of authority and its most recent amendment expire five years after the date of the most recent recording.
(h) If the record title to real property is in the name of an unincorporated nonprofit association and the statement of authority is recorded in the office of the county in which a transfer of the property would be recorded, the authority of the person named in the statement to transfer is conclusive in favor of a person that gives value without notice that the person lacks authority.

Structure Arkansas Code

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

§ 4-28-601. Short title

§ 4-28-602. Definitions

§ 4-28-603. Relation to other law

§ 4-28-604. Governing 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

§ 4-28-608. Liability

§ 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

§ 4-28-614. Venue

§ 4-28-615. Member not agent

§ 4-28-616. Approval by members

§ 4-28-617. Meetings of members; Voting, notice, and quorum requirements

§ 4-28-618. Duties of member

§ 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

§ 4-28-628. Dissolution

§ 4-28-629. Winding up and termination

§ 4-28-630. Mergers

§ 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

§ 4-28-634. Savings clause

§ 4-28-636. Effective date