{"data":{"id":"us-ar/ark.-code-ann.-4-28-626","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-28-626","heading":"Distributions prohibited; Compensation and other permitted payments","body":"(a) Except as otherwise provided in subsection (b), an unincorporated nonprofit association may not pay dividends or make distributions to a member or manager. (b) An unincorporated nonprofit association may: (1) pay reasonable compensation or reimburse reasonable expenses to a member or manager for services rendered; (2) confer benefits on a member or manager in conformity with its nonprofit purposes; (3) repurchase a membership and repay a capital contribution made by a member to the extent authorized by its governing principles; or (4) make distributions of property to members upon winding up and termination to the extent permitted by § 4-28-629 . Acts 2011, No. 202, § 2.\n\n(a) Except as otherwise provided in subsection (b), an unincorporated nonprofit association may not pay dividends or make distributions to a member or manager.\n\n(b) An unincorporated nonprofit association may: (1) pay reasonable compensation or reimburse reasonable expenses to a member or manager for services rendered; (2) confer benefits on a member or manager in conformity with its nonprofit purposes; (3) repurchase a membership and repay a capital contribution made by a member to the extent authorized by its governing principles; or (4) make distributions of property to members upon winding up and termination to the extent permitted by § 4-28-629 .\n\n(1) pay reasonable compensation or reimburse reasonable expenses to a member or manager for services rendered;\n\n(2) confer benefits on a member or manager in conformity with its nonprofit purposes;\n\n(3) repurchase a membership and repay a capital contribution made by a member to the extent authorized by its governing principles; or\n\n(4) make distributions of property to members upon winding up and termination to the extent permitted by § 4-28-629 .","path":["AR Code","Title 4","Chapter 28","Subchapter 6"],"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":"385ddeb53bde771bb249d16da2525f33b04524a99092727ba982fdfe47ad4bad","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-28-625","next":"us-ar/ark.-code-ann.-4-28-627"},"notice":"GroundRules: Original legal text. Not legal advice."}