For the purposes of §§ 23-111-401, 23-111-403 — 23-111-405, and 23-111-407 — 23-111-409, “principal stockholder” means every stockholder, either individual, partnership, association, or corporation, owning or having control of ten percent (10%) or more of the outstanding stock of a corporation which is an applicant for, or holder of, a franchise to conduct dog racing in this state.
Ark. Code Ann. § 23-111-402
Definition
Known as the Arkansas Greyhound Racing Law
The act spans §§ 23–23 (45 sections).
Acts 1968 (2nd Ex
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.