Arkansas Code
Chapter 17 - Telephone and Telegraph Companies
Subchapter 2 - Rural Telecommunications Cooperative Act

§ 23-17-201. Title - This subchapter may be cited as the “Rural Telecommunications Cooperative...

§ 23-17-202. Definitions - As used in this subchapter, unless the context otherwise requires:...

§ 23-17-204. Purpose of cooperative - Cooperative nonprofit membership corporations either with or without capital stock...

§ 23-17-205. Powers of cooperative - Any cooperative created under the provisions of this subchapter shall...

§ 23-17-206. Jurisdiction of commission - Cooperatives doing business in this state pursuant to this subchapter...

§ 23-17-207. Incorporators - Any three (3) or more natural persons of the age...

§ 23-17-208. Cooperative names - The words “telecommunications cooperative” or “telephone cooperative” shall not be...

§ 23-17-209. Articles of incorporation — Contents - (a) The articles of incorporation shall state: (1) The name...

§ 23-17-210. Articles of incorporation — Execution, filing, and recording - (a) Duplicate originals of the articles of incorporation shall be...

§ 23-17-211. Articles of incorporation — Amendment - (a) Any cooperative organized under this subchapter, from time to...

§ 23-17-212. Certificate of incorporation - (a) Upon the issuance of a certificate of incorporation by...

§ 23-17-213. Organizational meeting - (a) After the issuance of the certificate of incorporation, an...

§ 23-17-214. Bylaws - (a) (1) The power to make, alter, amend, or repeal...

§ 23-17-215. Qualifications of members - Subject to the provisions of this subchapter, the articles of...

§ 23-17-216. Membership fees and capital credits - (a) When a member of a cooperative has paid the...

§ 23-17-217. Meetings of members - (a) Meetings of members may be held at such place...

§ 23-17-218. Board of directors generally - (a) The business affairs of a cooperative shall be managed...

§ 23-17-219. Board of directors — Elections — Term of office — Vacancies - (a) The directors of a cooperative shall hold office until...

§ 23-17-220. Board of directors — Meetings - (a) Meetings of the board of directors, regular or special,...

§ 23-17-221. Officers, agents, and employees - (a) (1) (A) The board of directors shall elect a...

§ 23-17-222. Executive committee - (a) By its bylaws, any cooperative may provide for an...

§ 23-17-223. Waiver of notice of meeting - (a) Any person entitled to notice of a meeting may...

§ 23-17-224. Consolidation - (a) (1) Any two (2) or more cooperatives may enter...

§ 23-17-225. Dissolution - (a) Any cooperative may dissolve by a two-thirds (2/3) vote...

§ 23-17-226. Filing fees - The Secretary of State shall charge and collect for: (1)...

§ 23-17-228. Nonprofit operation - (a) Each cooperative shall be operated on a nonprofit basis...

§ 23-17-229. Use of revenues - The revenues of the cooperative shall be devoted to: (1)...

§ 23-17-230. Taxation — Exemptions - Cooperatives formed under this subchapter shall continue to be exempt...

§ 23-17-231. Mortgage, pledge, or other disposition of property - (a) The board of directors of a cooperative shall have...

§ 23-17-232. Recordation of mortgages — Effect thereof - (a) Any mortgage, deed of trust, or other instrument executed...

§ 23-17-233. Nonliability of members and shareholders for debts of cooperatives - No member or shareholder shall be liable or responsible for...

§ 23-17-235. Liabilities of connecting companies or cooperatives - No cooperative shall be liable for damage resulting from loss,...

§ 23-17-236. Construction standards - (a) Construction of telecommunications lines and facilities by a telecommunications...

§ 23-17-237. Limitation of actions - No suit shall be brought against any telecommunications company or...

§ 23-17-238. Indemnification of directors, officers, employees, or agents — Insurance - (a) (1) A cooperative shall have power to indemnify any...

§ 23-17-239. Standards of conduct for directors — Actions taken without board meeting — Conflicts of interest — Definition - (a) A director shall discharge his or her duties as...

§ 23-17-240. Unclaimed capital credits and stock - (a) When a cooperative formed under this subchapter declares capital...

§ 23-17-241. Opting out of underground damage coverage - (a) Any cooperative established under this subchapter may opt out...

§ 23-17-242. Cooperative acquiring another cooperative - Any cooperative organized prior to January 1, 1979, under the...