{"data":{"id":"us-ar/ark.-code-ann.-4-33-801","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-33-801","heading":"Requirement for and duties of board.","body":"(a) Each corporation must have a board of directors.\n(b) Except as provided in this chapter or subsection (c) of this section, all corporate powers shall be exercised by or under the authority of, and the affairs of the corporation managed under the direction of, its board.\n(c) The articles may authorize a person or persons to exercise some or all of the powers which would otherwise be exercised by a board. To the extent so authorized any such person or persons shall have the duties and responsibilities of the directors, and the directors shall be relieved to that extent from such duties and responsibilities.","path":["Title 4 Business and Commercial Law","Subtitle 3. Corporations and Associations","Chapter 33 The Arkansas Nonprofit Corporation Act of 1993","Subchapter 8 — Directors and Officers","Part A — Board of Directors"],"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2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or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":"60bb1c235e7c649e6f67909b96d44e0b61e8c5a6ff96cc454efada4013e9746c","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-33-730","next":"us-ar/ark.-code-ann.-4-33-802"},"notice":"GroundRules: Original legal text. Not legal advice."}