{"data":{"id":"us-ar/ark.-code-ann.-4-33-614","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-33-614","heading":"Creditor's action against member.","body":"(a) No proceeding may be brought by a creditor to reach the liability, if any, of a member to the corporation unless final judgment has been rendered in favor of the creditor against the corporation and execution has been returned unsatisfied in whole or in part or unless such proceeding would be useless.\n(b) All creditors of the corporation, with or without reducing their claims to judgment, may intervene in any creditor's proceeding brought under subdivision (a) of this section to reach and apply unpaid amounts due the corporation. Any or all members who owe amounts to the corporation may be joined in such proceeding.","path":["Title 4 Business and Commercial Law","Subtitle 3. Corporations and Associations","Chapter 33 The Arkansas Nonprofit Corporation Act of 1993","Subchapter 6 — Members and Membership","Part B — Types of Memberships — Members' Rights and Obligations"],"source_url":"https://archive.org/download/gov.ar.code/release78.2020.11.06/gov.ar.code.title.04.odt","current_through":"2020-11-06","vintage":"Arkansas Code Release 78 (2020-11), retrieved 2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or amended","retrieved_at":"2026-09-17T21:07:03Z","sha256":"b139576064d3e04429e7974524d7d4dd5549717ceb8a39cf9949bf08e475e132","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-33-613","next":"us-ar/ark.-code-ann.-4-33-620"},"notice":"GroundRules: Original legal text. Not legal advice."}
