Browse Arkansas Code titles and sections
23-74-303. Institutions.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-74-303. Institutions.
A society may create, maintain, and operate, or may establish organizations to operate, not-for-profit institutions to further the purposes permitted by § 23-74-105(a)(2). Such institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held, or leased by the society for this purpose shall be reported in every annual statement, but shall not be allowed as an admitted society asset. No society shall own or operate funeral homes or undertaking establishments.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-74-303
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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Record provenance
Stable record: arkansas_code:legal_authorities:23-74-303
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 52bd1febe5c31a964432a5786ba7ddf59f676f362b2f9852c514cf1a4df55d90
Source location: content.xml paragraph 42781
Stored source content
23-74-303. Institutions.
A society may create, maintain, and operate, or may establish organizations to operate, not-for-profit institutions to further the purposes permitted by § 23-74-105(a)(2). Such institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held, or leased by the society for this purpose shall be reported in every annual statement, but shall not be allowed as an admitted society asset. No society shall own or operate funeral homes or undertaking establishments.
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Arkansas Code — all titles (historical 2020) · legal_authorities
23-74-105. Purposes and powers.
(a) A fraternal benefit society shall operate for the benefit of members and their beneficiaries by:
(1) Providing benefits as specified in § 23-74-401; and
(2) Operating for one (1) or more social, intellectual, educational, charitable, benevolent, moral, fraternal, patriotic, or religious purposes for the benefit of its members, which may also be extended to others. These purposes may be carried out directly by the society or indirectly through subsidiary corporations or affiliated organizations.
(b) Every society shall have the power to adopt laws and rules for the government of the society, the admission of its members, and the management of its affairs. It shall have the power to change, alter, add to, or amend such laws and rules and shall have such other powers as are necessary and incidental to carrying into effect the objects and purposes of the society.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-74-105
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. The source passage cites 23-74-105. This identifies an authority to review, not proof of applicability.