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2-2-403. Definitions.
Arkansas Code — all titles (historical 2020) · legal_authorities
2-2-403. Definitions.
(a) As used in this subchapter:
(1) “Agricultural products” means horticultural, viticultural, forestry, dairy, livestock, poultry, bee, and farm and ranch products;
(2) “Association” means any corporation organized under this subchapter;
(3) “Member” means actual members of associations without capital stock and holders of common stock in associations organized with capital stock; and
(4) “Person” means individuals, firms, partnerships, corporations, and associations.
(b) Associations organized under this subchapter shall be deemed nonprofit, inasmuch as they are not organized to make profits for themselves as such, or for their members as such, but only for their members as producers.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 2-2-403
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Stable record: arkansas_code:legal_authorities:2-2-403
Source file: gov.ar.code.title.02.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 4462c078aa920706c31376388c91bffee4c521eabe326d1bbb84f6ca5612f1d4
Source location: content.xml paragraph 711
Stored source content
2-2-403. Definitions.
(a) As used in this subchapter:
(1) “Agricultural products” means horticultural, viticultural, forestry, dairy, livestock, poultry, bee, and farm and ranch products;
(2) “Association” means any corporation organized under this subchapter;
(3) “Member” means actual members of associations without capital stock and holders of common stock in associations organized with capital stock; and
(4) “Person” means individuals, firms, partnerships, corporations, and associations.
(b) Associations organized under this subchapter shall be deemed nonprofit, inasmuch as they are not organized to make profits for themselves as such, or for their members as such, but only for their members as producers.
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