GroundRules
Ark. Code Ann. § 4-33-845: Officers' authority to execute documents.
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 D — Officers
Any contract or other instrument in writing executed or entered into between a corporation and any other person is not invalidated as to the corporation by any lack of authority of the signing officers in the absence of actual knowledge on the part of the other person that the signing officers had no authority to execute the contract or other instrument if it is signed by any two (2) officers in Category 1 below or by one (1) officer in Category 1 below and one (1) officer in Category 2 below.
Category 1 — The presiding officer of the board and the president.
Category 2 — A vice president, the secretary, treasurer and executive director.
Collected 2026-09-17T21:07:03Z. Source file · JSON