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Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-18-319. Certificate of membership in the corporation

Current as of March 28, 2024 | Updated by Findlaw Staff

(a) When a member of a corporation has paid the membership fee in full, a certificate of membership shall be issued to the member.

(b) Memberships in the corporation and the certificates shall be nontransferable.

(c) The certificate of membership shall be surrendered to the corporation upon the resignation, expulsion, or death of the member.

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Cite this article: FindLaw.com - Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-18-319. Certificate of membership in the corporation - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-23-public-utilities-and-regulated-industries/ar-code-sect-23-18-319/

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