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Except as authorized by § 4-33-1302, a corporation shall not make any distributions.
Structure Arkansas Code
Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993
Subchapter 13 - Distributions
§ 4-33-1301. Prohibited distributions
§ 4-33-1302. Authorized distributions