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Section 4-33-1301 - Prohibited distributions — Arkansas Law | CourtGPT
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  4. Title 4 - Business and Commercial Law (§§ 4-1-101 — 4-119-105)/
  5. Subtitle 3 - Corporations and Associations/
  6. Chapter 33 - the Arkansas Nonprofit Corporation Act of 1993 Sub/
  7. Subchapter 13 - Distributions/
  8. Section 4-33-1301 - Prohibited distributions
Arkansas Legal Code

Section 4-33-1301 - Prohibited distributions

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Except as authorized by § 4-33-1302, a corporation shall not make any distributions.Acts 1993, No. 1147, § 1301.