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ARKANSAS STATUTES AND CODES
§ 4-28-219 - Shares of stock and dividends prohibited.
4-28-219. Shares of stock and dividends prohibited.
(a) A corporation shall not have or issue shares of stock.
(b) No dividend shall be paid and no part of the income of a corporation shall be distributed to its members, directors, or officers.
(a) A corporation shall not have or issue shares of stock.
(b) No dividend shall be paid and no part of the income of a corporation shall be distributed to its members, directors, or officers.
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