{"data":{"id":"us-ar/ark.-code-ann.-4-27-301","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-27-301","heading":"Purposes","body":"(a) Every corporation incorporated under this chapter has the purpose of engaging in any lawful business unless a more limited purpose is specifically set forth in the articles of incorporation. A statement of a corporation's primary purpose or purposes made pursuant to § 4-27-202(a)(5) shall not be construed as a specific limitation of the broad purposes for which the corporation may be organized.\n\n(b) A corporation engaging in a business that is subject to regulation under another statute of this state may incorporate under this chapter only if permitted by, and subject to all limitations of, the other statute.","path":["AR Code","Title 4","Chapter 27","Subchapter 3"],"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":"a39404042c6ef8579aa2572529b56874c3ca47ea54560b698db4590f9744b707","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-27-207","next":"us-ar/ark.-code-ann.-4-27-302"},"notice":"GroundRules: Original legal text. Not legal advice."}