Arkansas Code
Chapter 2 - Agricultural Cooperative Associations
Subchapter 4 - Marketing Associations

§ 2-2-401. Title - This subchapter shall be referred to as the “Cooperative Marketing...

§ 2-2-402. Purpose - The purpose of this subchapter is to: (1) Promote, foster,...

§ 2-2-403. Definitions - (a) As used in this subchapter: (1) “Agricultural products” means...

§ 2-2-404. Who may organize - Five (5) or more persons engaged in the production of...

§ 2-2-405. Reasons for organizing - An association may be organized to engage in any activity...

§ 2-2-406. Powers - Each association incorporated under this subchapter shall have the following...

§ 2-2-407. Members - (a) Under the terms and conditions prescribed in its bylaws,...

§ 2-2-408. Articles of incorporation - (a) Each association formed under this subchapter must prepare and...

§ 2-2-409. Amendments to articles - (a) The articles of incorporation may be altered or amended...

§ 2-2-410. Filing fees - For filing articles of incorporation, an association organized under this...

§ 2-2-411. Bylaws - (a) Within thirty (30) days after its incorporation, each association...

§ 2-2-413. Regular and special meetings - (a) In its bylaws, each association shall provide for one...

§ 2-2-414. Board of directors - (a) (1) The affairs of the association shall be managed...

§ 2-2-415. Officers - (a) The board of directors shall elect from their number...

§ 2-2-416. Removal of officer or director - (a) (1) Any member may bring charges against an officer...

§ 2-2-417. Certificates of membership or stock ownership - (a) When a member of an association established without capital...

§ 2-2-418. Matters referred to entire membership - Upon demand of one-third (1/3) of the entire board of...

§ 2-2-419. Marketing contracts — Remedies - (a) (1) The association and its members may make and...

§ 2-2-420. Penalties for inducing breach of contract - Any person or corporation whose officers or employees knowingly induce...

§ 2-2-421. Exchange of shares for acquired interests - Whenever an association organized under this subchapter with preferred capital...

§ 2-2-422. Annual report - Each association formed under this subchapter shall prepare and make...

§ 2-2-423. Interest in other corporations - (a) An association may organize, form, operate, own, control, have...

§ 2-2-424. Agreements with other associations - (a) Upon resolution adopted by its board of directors, any...

§ 2-2-425. Existing entities may participate - (a) (1) By a majority vote of its stockholders or...

§ 2-2-426. Arrangements not in restraint of trade - No association organized under this subchapter shall be deemed to...

§ 2-2-427. Tax exemption - Each association organized under this subchapter shall be exempt from...

§ 2-2-428. General corporation laws - The provisions of the general corporation laws of this state...

§ 2-2-429. Conflicting laws - Any provisions of law which are in conflict with this...

§ 2-2-430. Conversion to nonprofit corporate status - (a) An association formed under this subchapter may elect to...