Arkansas · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Ark. Code Ann. § 4-28-219: Shares of stock and dividends prohibited

Where this section sits in the code

(a) A corporation shall not have or issue shares of stock.

(b) No dividend shall be paid and no part of the income of a corporation shall be distributed to its members, directors, or officers.

Collected 2026-09-14T18:32:41Z. Source file · JSON