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4-36-102. Application of chapter.

Arkansas Code — all titles (historical 2020) · legal_authorities

4-36-102. Application of chapter.

4-36-102. Application of chapter. (a) This chapter shall apply to all benefit corporations. (b) This chapter does not imply that a contrary statute or rule of law applies to a business corporation that is not a benefit corporation. (c)(1) Except as otherwise provided in this chapter, the Arkansas Business Corporation Act of 1987, § 4-27-101 et seq., is generally applicable to a benefit corporation. (2) Specific provisions of this chapter shall control over the general provisions of the Arkansas Business Corporation Act of 1987, § 4-27-101 et seq. (3) A benefit corporation may be simultaneously subject to this chapter and other statutes that provide for the incorporation of a specific type of business corporation. (d) The articles of incorporation or bylaws of a benefit corporation shall not limit, relax, be inconsistent with, or supersede this chapter.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-36-102

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:4-36-102
Source file: gov.ar.code.title.04.odt
Pages: Not recorded – Not recorded
Passage SHA-256: de8765663c0a1fb2ef274285fb4b9a82f6dc2a6a42fa9d3407b7c6959608002f

Source location: content.xml paragraph 24629

Stored source content

4-36-102. Application of chapter. (a) This chapter shall apply to all benefit corporations. (b) This chapter does not imply that a contrary statute or rule of law applies to a business corporation that is not a benefit corporation. (c)(1) Except as otherwise provided in this chapter, the Arkansas Business Corporation Act of 1987, § 4-27-101 et seq., is generally applicable to a benefit corporation. (2) Specific provisions of this chapter shall control over the general provisions of the Arkansas Business Corporation Act of 1987, § 4-27-101 et seq. (3) A benefit corporation may be simultaneously subject to this chapter and other statutes that provide for the incorporation of a specific type of business corporation. (d) The articles of incorporation or bylaws of a benefit corporation shall not limit, relax, be inconsistent with, or supersede this chapter.

Cross-references

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Arkansas Code — all titles (historical 2020) · legal_authorities

4-27-101. Short title.

4-27-101. Short title. This chapter shall be known and may be cited as the “Arkansas Business Corporation Act of 1987.”

Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-27-101

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 4-27-101. This identifies an authority to review, not proof of applicability.