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Ark. Code Ann. § 4-28-622

Selection of managers; Management rights of managers

Acts 2011, No. 202, § 2.

Except as otherwise provided in this subchapter or the governing principles:

(1) only the members may select a manager or managers;

(2) a manager may be a member or a nonmember;

(3) if a manager is not selected, all members are managers;

(4) each manager has equal rights in the management and conduct of the association's activities;

(5) all matters relating to the association's activities are decided by its managers except for matters reserved for approval by members in § 4-28-616; and

(6) a difference among managers is decided by a majority of the managers.

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.