{"data":{"id":"us-ar/ark.-code-ann.-4-30-101","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-30-101","heading":"Definition","body":"As used in this chapter, unless the context otherwise requires, the \"cooperative plan\" shall be construed to mean a business concern that distributes the net profits of its business by:\n\n(1) The payment of a fixed dividend upon its stock; and\n\n(2) The remainder prorated to its several stockholders upon their purchases from or sales to the concern or both such purchases and sales.","path":["AR Code","Title 4","Chapter 30","Subchapter 1"],"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":"26c4d27cce9ca33fbb9722d50c0d7aab934be0f004f6ad7b0ad173a219658ac8","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-29-411","next":"us-ar/ark.-code-ann.-4-30-102"},"notice":"GroundRules: Original legal text. Not legal advice."}