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Arkansas Code Title 4. Business and Commercial Law § 4-35-208. Amendment to articles or bylaws

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

(a) Subject to subdivision (c)(2) and subsection (d) of this section, a water authority may amend its articles or bylaws at any time by a majority of the members of the board of directors at any regular or special meeting at which a quorum is present.

(b) Any amendment to the articles of a water authority shall be delivered to and filed with both the Arkansas Natural Resources Commission and the Secretary of State setting forth:

(1) The name of the water authority;

(2) The text of each amendment adopted;

(3) The date of each amendment's adoption; and

(4) A statement that the amendment was approved by a sufficient vote of the board.

(c)(1) Any amendment to the bylaws shall be filed by the secretary of the water authority with the books and records of the water authority.

(2) However, any change with respect to the number of directors or the procedure for electing or nominating directors shall first be approved in writing by the commission and, if approved, shall be filed with the commission.

(d) The commission shall approve in writing any amendment to the articles or bylaws which changes the geographic service area over which the water authority has jurisdiction.

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Cite this article: FindLaw.com - Arkansas Code Title 4. Business and Commercial Law § 4-35-208. Amendment to articles or bylaws - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-4-business-and-commercial-law/ar-code-sect-4-35-208/

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