All of the officers, directors, and shareholders of a corporation subject to this subchapter shall be, at all times, persons licensed pursuant to the laws of this state governing their profession. No person who is not so licensed shall have any part in the ownership, management, or control of the corporation, nor may any proxy to vote any shares of the corporation be given to a person who is not so licensed.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 29 - Professional Corporations
Subchapter 2 - Arkansas Professional Corporation Act
§ 4-29-203. Subchapter optional
§ 4-29-204. Application of Arkansas Business Corporation Act
§ 4-29-205. Professional relationships unaltered
§ 4-29-206. Formation of corporation
§ 4-29-208. Officers, directors, and shareholders
§ 4-29-210. Certificate of registration — Issuance, renewal, etc
§ 4-29-211. Certificate of registration — Suspension or revocation
§ 4-29-212. Certificate of registration — Appeal from denial, suspension, or revocation
§ 4-29-213. Shares of deceased or disqualified shareholder — Price