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ARKANSAS STATUTES AND CODES
§ 4-30-112 - Percentage of stock ownership limited -- Voting by members.
4-30-112. Percentage of stock ownership limited -- Voting by members.
(a) No person shall be allowed to own or have an interest in more than ten percent (10%) of the capital stock of the corporation.
(b) Voting upon all questions shall be by members and not by stock.
(a) No person shall be allowed to own or have an interest in more than ten percent (10%) of the capital stock of the corporation.
(b) Voting upon all questions shall be by members and not by stock.
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