There is a newer version
of
this Section
2017 Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 28 - Nonprofit Organizations
Subchapter 2 - Arkansas Nonprofit Corporation Act
§ 4-28-218. Books and accounting records
Universal Citation: AR Code § 4-28-218 (2017)
- (a) Each corporation shall keep correct and complete books and records of account.
- (b) All receipts of moneys and expenditures shall be properly recorded according to accepted accounting principles.
- (c) A record of the proceedings of its members, board of directors, and committees shall be kept.
- (d) A record of the names and addresses of its members entitled to vote shall be maintained at the principal office or place of business of the corporation.
- (e) All books and records of a corporation may be inspected by any member for any proper purpose at any reasonable time.
Disclaimer: These codes may not be the most recent version. Arkansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
