Ark. Code Ann. § 15-4-502

This is the official text of Ark. Code Ann. § 15-4-502, part of Arkansas’s Code Ann — part of the compiled statutory law of Arkansas, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.

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Articles of incorporation - Contents

Official statutory text

(a) The articles of incorporation shall state: (1) The name of the corporation. The name shall include the name of the city, town, or county and the words "industrial development" or "economic development" and the word "corporation", "incorporated", "inc.", or "company". The name shall be such as to distinguish it from any other corporation organized and existing under the laws of this state; (2) The purpose for which the corporation is formed; (3) The names and addresses of the incorporators who shall serve as directors and manage the affairs of the corporation until its first annual meeting of members or until their successors are elected and qualified; (4) The number of directors, not fewer than three (3), to be elected at the annual meetings of members; (5) The address of its principal office and the name and address of its agent upon whom process may be served; (6) The period of duration of the corporation, which may be perpetual; (7) The terms and conditions upon which persons shall be admitted to membership in the corporation, but if expressly so stated, the determination of such matters may be reserved to the directors by the bylaws; and (8) Any provisions not inconsistent with law which the incorporators may choose to insert for the regulation of the business and the conduct of the affairs of the corporation. (b) It shall not be necessary to set forth in the articles of incorporation any of the corporate powers enumerated in this act. Acts 1955, No. 404, § 14; A.S.A. 1947, § 9-517; Acts 2001, No. 620, § 2.

(a) The articles of incorporation shall state: (1) The name of the corporation. The name shall include the name of the city, town, or county and the words "industrial development" or "economic development" and the word "corporation", "incorporated", "inc.", or "company". The name shall be such as to distinguish it from any other corporation organized and existing under the laws of this state; (2) The purpose for which the corporation is formed; (3) The names and addresses of the incorporators who shall serve as directors and manage the affairs of the corporation until its first annual meeting of members or until their successors are elected and qualified; (4) The number of directors, not fewer than three (3), to be elected at the annual meetings of members; (5) The address of its principal office and the name and address of its agent upon whom process may be served; (6) The period of duration of the corporation, which may be perpetual; (7) The terms and conditions upon which persons shall be admitted to membership in the corporation, but if expressly so stated, the determination of such matters may be reserved to the directors by the bylaws; and (8) Any provisions not inconsistent with law which the incorporators may choose to insert for the regulation of the business and the conduct of the affairs of the corporation.

(1) The name of the corporation. The name shall include the name of the city, town, or county and the words "industrial development" or "economic development" and the word "corporation", "incorporated", "inc.", or "company". The name shall be such as to distinguish it from any other corporation organized and existing under the laws of this state;

(2) The purpose for which the corporation is formed;

(3) The names and addresses of the incorporators who shall serve as directors and manage the affairs of the corporation until its first annual meeting of members or until their successors are elected and qualified;

(4) The number of directors, not fewer than three (3), to be elected at the annual meetings of members;

(5) The address of its principal office and the name and address of its agent upon whom process may be served;

(6) The period of duration of the corporation, which may be perpetual;
the corporation until its first annual meeting of members or until their successors are elected and qualified;

(4) The number of directors, not fewer than three (3), to be elected at the annual meetings of members;

(5) The address of its principal office and the name and address of its agent upon whom process may be served;

(6) The period of duration of the corporation, which may be perpetual;

(7) The terms and conditions upon which persons shall be admitted to membership in the corporation, but if expressly so stated, the determination of such matters may be reserved to the directors by the bylaws; and

(8) Any provisions not inconsistent with law which the incorporators may choose to insert for the regulation of the business and the conduct of the affairs of the corporation.

(b) It shall not be necessary to set forth in the articles of incorporation any of the corporate powers enumerated in this act.

Acts 1955, No. 404, § 14; A.S.A. 1947, § 9-517; Acts 2001, No. 620, § 2.

Status: in_force

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.