{"data":{"id":"us-ar/ark.-code-ann.-23-75-115","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 23-75-115","heading":"Use of surplus","body":"Any surplus in excess of all reserves established by the directors of the corporation and shown in the annual report of a corporation may be used by the corporation for the following purposes in the order of priority shown:\n\n(1) To liquidate on a pro rata basis any losses incurred by hospitals, physicians, and surgeons, or other similar institutions or persons, upon the settlement of bills with the corporation in any previous years;\n\n(2) To return the original working capital contribution to the corporation, or any part thereof, on a pro rata basis; and\n\n(3) To reduce rates charged subscribers or to expand the services rendered to them.","path":["AR Code","Title 23","Chapter 75"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"0fd4a231350b17829605d120e2cc8b679464c0ad1725bb3e88f51220469e6fc2","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-23-75-114","next":"us-ar/ark.-code-ann.-23-75-116"},"notice":"GroundRules: Original legal text. Not legal advice."}