Arkansas Code
Subtitle 3 - Corporations and Associations
Chapter 36 - Arkansas Benefit Corporation Act

Subchapter 1 - Preliminary Provisions

§ 4-36-101. Title - This chapter shall be known and may be cited as...

§ 4-36-102. Application of chapter - (a) This chapter shall apply to all benefit corporations. (b)...

§ 4-36-103. Definitions - (a) As used in this chapter: (1) “Benefit corporation” means...

§ 4-36-104. Formation — Fees - (a) A benefit corporation shall be formed under the Arkansas...

§ 4-36-105. Election of status - (a) An existing business corporation may become a benefit corporation...

§ 4-36-106. Termination of status - (a) A benefit corporation may end its benefit corporation status...

Subchapter 2 - Corporate Purposes

§ 4-36-201. Corporate purposes - (a) A benefit corporation shall have a purpose of creating...

Subchapter 3 - Accountability

§ 4-36-301. Standard of conduct for directors - (a) In discharging the duties of their respective positions and...

§ 4-36-302. Benefit director - (a) The board of directors of a benefit corporation may...

§ 4-36-303. Standard of conduct for officers - (a) An officer of a benefit corporation shall consider the...

§ 4-36-304. Benefit officer - (a) A benefit corporation may have an officer designated as...

§ 4-36-305. Right of action - (a) Except in a benefit enforcement proceeding, a person may...

Subchapter 4 - Transparency

§ 4-36-401. Annual reports - (a) (1) A benefit corporation shall prepare an annual benefit...