(a) Any number of persons, the multiple of three (3), not less than six (6) nor more than thirty-three (33), who have associated or shall associate, according to the provisions of this chapter, under any name assumed by them, for the purpose of founding or maintaining any institution of learning, and who shall comply with the provisions of this chapter, shall, with their successors, constitute a body corporate under the name assumed by them in their articles of association.
(b) The name so assumed shall not be the same as that of any other educational institution in the state.
Structure Arkansas Code
Subtitle 1 - General Provisions
Chapter 2 - Corporate Charters
§ 6-2-102. Number of persons required to incorporate — Name of association
§ 6-2-103. Purpose — Use of funds or property
§ 6-2-104. Initial meeting — Quorum
§ 6-2-107. Change of name or provisions
§ 6-2-108. Filing and recording fees
§ 6-2-109. Corporate power and government
§ 6-2-110. Power to borrow for the construction of facilities
§ 6-2-111. Degrees, diplomas, and honors