(1) No person shall be allowed to own or have an interest in more than ten percent (10%) of the capital stock of the corporation.
(2) Voting upon all questions shall be by members and not by stock.
Ark. Code Ann. § 4-30-112
Percentage of stock ownership limited — Voting by members
Acts 1921, No. 632, § 8; Pope's Dig., § 2270; A.S.A. 1947, § 64-1509.
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.