{"data":{"id":"us-ar/ark.-code-ann.-4-38-108","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-38-108","heading":"Nature, purpose, and duration of limited liability company","body":"(a) A limited liability company is an entity distinct from its member or members.\n\n(b) A limited liability company may have any lawful purpose, regardless of whether for profit.\n\n(c) A limited liability company has perpetual duration.","path":["AR Code","Title 4","Chapter 38","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":"9cb4af54c5baa12bcf7bc880ee503da7d4640fc540a82a3133a477421d81df1f","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-38-107","next":"us-ar/ark.-code-ann.-4-38-109"},"notice":"GroundRules: Original legal text. Not legal advice."}