{"data":{"id":"us-ar/ark.-code-ann.-4-33-1601","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-33-1601","heading":"Conversion to a public water authority","body":"A corporation which meets the definition of a qualified corporation, as defined by § 4-35-103 , may adopt a plan to convert its entity status from that of a nonprofit corporation to a water authority pursuant to § 4-35-101 et seq., unless the articles or bylaws require otherwise, if the conversion is approved: (1) By a majority of the members of the board of directors of the corporation; and (2) If the corporation has members, by the lesser of: (A) Two-thirds (2/3) of the votes cast by the members in person or by proxy at a regular or special meeting of the members at which a quorum as defined in § 4-33-722 is present; or (B) A majority of the members. Acts 2003, No. 1330, § 2.\n\nA corporation which meets the definition of a qualified corporation, as defined by § 4-35-103 , may adopt a plan to convert its entity status from that of a nonprofit corporation to a water authority pursuant to § 4-35-101 et seq., unless the articles or bylaws require otherwise, if the conversion is approved:\n\n(1) By a majority of the members of the board of directors of the corporation; and\n\n(2) If the corporation has members, by the lesser of: (A) Two-thirds (2/3) of the votes cast by the members in person or by proxy at a regular or special meeting of the members at which a quorum as defined in § 4-33-722 is present; or (B) A majority of the members.\n\n(A) Two-thirds (2/3) of the votes cast by the members in person or by proxy at a regular or special meeting of the members at which a quorum as defined in § 4-33-722 is present; or\n\n(B) A majority of the members.","path":["AR Code","Title 4","Chapter 33","Subchapter 16"],"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":"1cb9fa2128412cb7c245c106f3a7e52787ef9033fdb53e5f86660d227b578e7c","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-33-1302","next":"us-ar/ark.-code-ann.-4-33-1701"},"notice":"GroundRules: Original legal text. Not legal advice."}