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Section 4-33-602 - Consideration — Arkansas Law | CourtGPT
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  4. Title 4 - Business and Commercial Law (§§ 4-1-101 — 4-119-105)/
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  7. Subchapter 6 - Members and Membership/
  8. Part A - Admission of Members/
  9. Section 4-33-602 - Consideration
Arkansas Legal Code

Section 4-33-602 - Consideration

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Except as provided in its articles or bylaws, a corporation may admit members for no consideration or for such consideration as is determined by the board.Acts 1993, No. 1147, § 602.