Statutes > Arkansas Statutes > Title 15 - Natural Resources and Economic Development > Subtitle 1 - Development Of Economic And Natural Resources Generally > Chapter 4 - Development Of Business And Industry Generally > Subchapter 10 - Arkansas Capital Development Company Act > § 15-4-1031 - Application of business laws.

§ 15-4-1031 - Application of business laws.

15-4-1031. Application of business laws.

(a) Each capital development company is subject to the provisions of any applicable business law under which it was formed, as now or hereafter amended, to the extent that those provisions are not in conflict with the provisions of this subchapter.

(b) If a provision of an applicable business law is in conflict with any provision of this subchapter, then the provisions of this subchapter shall control.