Statutes > Arkansas Statutes > Title 4 - Business and Commercial Law > Subtitle 3 - Corporations And Associations > Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993 > Subchapter 13 - Distributions > § 4-33-1301 - Prohibited distributions.

§ 4-33-1301 - Prohibited distributions.

4-33-1301. Prohibited distributions.

Except as authorized by 4-33-1302, a corporation shall not make any distributions.