Arkansas · Snapshot Arkansas Code Release 78 (2020-11), retrieved 2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or amended

Ark. Code Ann. § 4-33-832: Loans to or guaranties for directors and officers.

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Where this section sits in the code

Title 4 Business and Commercial Law
Subtitle 3. Corporations and Associations
Chapter 33 The Arkansas Nonprofit Corporation Act of 1993
Subchapter 8 — Directors and Officers
Part C — Standards of Conduct

(a) A corporation may not lend money to or guaranty the obligation of a director or officer of the corporation.

(b) The fact that a loan or guaranty is made in violation of this section does not affect the borrower's liability on the loan.

Collected 2026-09-17T21:07:03Z. Source file · JSON

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