reglab/housing_qa huggingface dataset:
AR Code § 4-33-727 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 7 - Members' Meetings and Voting|Part B - Voting|§ 4-33-727. Corporation's acceptance of votes

 (a) If the name signed on a vote, consent, waiver, or proxy appointment corresponds to the name of a member, the corporation if acting in good faith is entitled to accept the vote, consent, waiver, or proxy appointment and give it effect as the act of the member.  (b) If the name signed on a vote, consent, waiver, or proxy appointment does not correspond to the record name of a member, the corporation if acting in good faith is nevertheless entitled to accept the vote, consent, waiver, or proxy appointment and give it effect as the act of the member if:  (1) the member is an entity and the name signed purports to be that of an officer or agent of the entity;  (2) the name signed purports to be that of an attorney-in-fact of the member and if the corporation requests, evidence acceptable to the corporation of the signatory's authority to sign for the member has been presented with respect to the vote, consent, waiver, or proxy appointment;  (3) two (2) or more persons hold the membership as cotenants or fiduciaries and the name signed purports to be the name of at least one (1) of the coholders and the person signing appears to be acting on behalf of all the coholders; and  (4) in the case of a mutual benefit corporation:  (i) the name signed purports to be that of an administrator, executor, guardian, or conservator representing the member and, if the corporation requests, evidence of fiduciary status acceptable to the corporation has been presented with respect to the vote, consent, waiver, or proxy appointment;  (ii) the name signed purports to be that of a receiver or trustee in bankruptcy of the member, and, if the corporation requests, evidence of this status acceptable to the corporation has been presented with respect to the vote, consent, waiver, or proxy appointment.      (c) The corporation is entitled to reject a vote, consent, waiver, or proxy appointment if the secretary or other officer or agent authorized to tabulate votes, acting in good faith, has reasonable basis for doubt about the validity of the signature on it or about the signatory's authority to sign for the member.  (d) The corporation and its officer or agent who accepts or rejects a vote, consent, waiver, or proxy appointment in good faith and in accordance with the standards of this section are not liable in damages to the member for the consequences of the acceptance or rejection.  (e) Corporate action based on the acceptance or rejection of a vote, consent, waiver, or proxy appointment under this section is valid unless a court of competent jurisdiction determines otherwise.
AR Code § 4-33-730 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 7 - Members' Meetings and Voting|Part C - Voting Agreements|§ 4-33-730. Voting agreements

 (a) Two (2) or more members may provide for the manner in which they will vote by signing an agreement for that purpose. Such agreements may be valid for a period of up to ten (10) years. For public benefit corporations such agreements must have a reasonable purpose not inconsistent with the corporation's public or charitable purposes.  (b) A voting agreement created under this section is specifically enforceable.
AR Code § 4-33-801 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 8 - Directors and Officers|Part A - Board of Directors|§ 4-33-801. Requirement for and duties of board

 (a) Each corporation must have a board of directors.  (b) Except as provided in this chapter or subsection (c) of this section, all corporate powers shall be exercised by or under the authority of, and the affairs of the corporation managed under the direction of, its board.  (c) The articles may authorize a person or persons to exercise some or all of the powers which would otherwise be exercised by a board. To the extent so authorized any such person or persons shall have the duties and responsibilities of the directors, and the directors shall be relieved to that extent from such duties and responsibilities.
AR Code § 4-33-802 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 8 - Directors and Officers|Part A - Board of Directors|§ 4-33-802. Qualification of directors

 All directors must be individuals. The articles or bylaws may prescribe other qualifications for directors.
AR Code § 4-33-803 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 8 - Directors and Officers|Part A - Board of Directors|§ 4-33-803. Number of directors

 (a) A board of directors must consist of three (3) or more individuals, with the number specified in or fixed in accordance with the articles or bylaws.  (b) The number of directors may be increased or decreased (but to no fewer than three (3)) from time to time by amendment to or in the manner prescribed in the articles or bylaws.
AR Code § 4-33-804 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 8 - Directors and Officers|Part A - Board of Directors|§ 4-33-804. Election, designation and appointment of directors

 (a) If the corporation has members, all the directors (except the initial directors) shall be elected at the first annual meeting of members, and at each annual meeting thereafter, unless the articles or bylaws provide some other time or method of election, or provide that some of the directors are appointed by some other person or are designated. Designation occurs when the articles or bylaws name an individual as a director or designate the holder of some office or position as a director.  (b) If the corporation does not have members, all the directors (except the initial directors) shall be elected, appointed or designated as provided in the articles or bylaws. If no method of designation or appointment is set forth in the articles or bylaws, the directors (other than the initial directors) shall be elected by the board.
AR Code § 4-33-805 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 8 - Directors and Officers|Part A - Board of Directors|§ 4-33-805. Terms of directors generally

 (a) The articles or bylaws must specify the term of directors. Except for designated or appointed directors, the terms of directors may not exceed the lesser of six (6) years or the stated duration of the corporation. In the absence of any term specified in the articles or bylaws, the term of each director shall be one (1) year. Directors may be elected for successive terms, unless otherwise provided in the articles or bylaws.  (b) A decrease in the number of directors or term of office does not shorten an incumbent director's term.  (c) Except as provided in the articles or bylaws:  (1) the term of a director filling a vacancy in the office of a director elected by members expires at the next election of directors by members; and  (2) the term of a director filling any other vacancy expires at the end of the unexpired term that such director is filling.    (d) Despite the expiration of a director's term, the director continues to serve until the director's successor is elected, designated or appointed and qualifies, or until there is a decrease in the number of directors.
AR Code § 4-33-806 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 8 - Directors and Officers|Part A - Board of Directors|§ 4-33-806. Staggered terms for directors

 The articles or bylaws may provide for staggering the terms of directors by dividing the total number of directors into groups. The terms of office of the several groups need not be uniform.
AR Code § 4-33-807 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 8 - Directors and Officers|Part A - Board of Directors|§ 4-33-807. Resignation of directors

 (a) A director may resign at any time by delivering written notice to the board of directors, its presiding officer or to the president or secretary.  (b) A resignation is effective when the notice is effective unless the notice specifies a later effective date. If a resignation is made effective at a later date, the board may fill the pending vacancy before the effective date if the board provides that the successor does not take office until the effective date.
AR Code § 4-33-809 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 8 - Directors and Officers|Part A - Board of Directors|§ 4-33-809. Removal of designated or appointed directors

 (a) A designated director may be removed by an amendment to the articles or bylaws deleting or changing the designation.  (b) Appointed directors:  (1) except as otherwise provided in the articles or bylaws, an appointed director may be removed without cause by the person appointing the director;  (2) the person removing the director shall do so by giving written notice of the removal to the director and either the presiding officer of the board or the corporation's president or secretary; and  (3) a removal is effective when the notice is effective unless the notice specifies a future effective date.
AR Code § 4-33-810 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 8 - Directors and Officers|Part A - Board of Directors|§ 4-33-810. Removal of directors by judicial proceeding

 (a) The circuit court of the county where a corporation's principal office is located may remove any director of the corporation from office in a proceeding commenced either by the corporation or its members holding at least ten percent (10%) of the voting power of any class, if the court finds that (1) the director engaged in fraudulent or dishonest conduct, or gross abuse of authority or discretion, with respect to the corporation, or a final judgment has been entered finding that the director has violated a duty set forth in §§ 4-33-830 — 4-33-833, and (2) removal is in the best interest of the corporation.  (b) The court that removes a director may bar the director from serving on the board for a period prescribed by the court.  (c) The articles or bylaws of a religious corporation may limit or prohibit the application of this section.
AR Code § 4-33-811 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 8 - Directors and Officers|Part A - Board of Directors|§ 4-33-811. Vacancy on board

 (a) Unless the articles or bylaws provide otherwise, and except as provided in subsections (b) and (c) of this section, if a vacancy occurs on a board of directors, including a vacancy resulting from an increase in the number of directors:  (1) the members, if any, may fill the vacancy; if the vacant office was held by a director elected by a class, chapter or other organizational unit or by region or other geographic grouping, only members of the class, chapter, unit or grouping are entitled to vote to fill the vacancy if it is filled by the members;  (2) the board of directors may fill the vacancy; or  (3) if the directors remaining in office constitute fewer than a quorum of the board, they may fill the vacancy by the affirmative vote of a majority of all the directors remaining in office.    (b) Unless the articles or bylaws provide otherwise, if a vacant office was held by an appointed director, only the person who appointed the director may fill the vacancy.  (c) If a vacant office was held by a designated director, the vacancy shall be filled as provided in the articles or bylaws. In the absence of an applicable article or bylaw provision, the vacancy may not be filled by the board.  (d) A vacancy that will occur at a specific later date (by reason of a resignation effective at a later date under § 4-33-807(b) or otherwise) may be filled before the vacancy occurs but the new director may not take office until the vacancy occurs.
AR Code § 4-33-812 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 8 - Directors and Officers|Part A - Board of Directors|§ 4-33-812. Compensation of directors

 Unless the articles or bylaws provide otherwise, a board of directors may fix the compensation of directors.
AR Code § 4-33-820 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 8 - Directors and Officers|Part B - Meetings and Action of the Board|§ 4-33-820. Regular and special meetings

 (a) If the time and place of a directors' meeting is fixed by the bylaws or the board, the meeting is a regular meeting. All other meetings are special meetings.  (b) A board of directors may hold regular or special meetings in or out of this state.  (c) Unless the articles or bylaws provide otherwise, a board may permit any or all directors to participate in a regular or special meeting by, or conduct the meeting through the use of, any means of communication by which all directors participating may simultaneously hear each other during the meeting. A director participating in a meeting by this means is deemed to be present in person at the meeting.
AR Code § 4-33-821 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 8 - Directors and Officers|Part B - Meetings and Action of the Board|§ 4-33-821. Action without meeting

 (a)  (1) Unless the articles or bylaws provide otherwise, action required or permitted by this chapter to be taken at a board of directors' meeting may be taken without a meeting if the action is taken by all members of the board.  (2) The action must be evidenced by one (1) or more written consents describing the action taken, signed by each director, and included in the minutes filed with the corporate records reflecting the action taken.    (b) Action taken under this section is effective when the last director signs the consent, unless the consent specifies a different effective date.  (c) The written consent may be delivered to the corporation by electronic communication, including without limitation facsimile transmission or electronic mail.  (d) A consent signed under this section has the effect of a meeting vote and may be described as such in any document.  (e) The signature of a director may be affixed to a written consent by any reasonable means, including without limitation facsimile signature or electronic image.
AR Code § 4-33-822 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 8 - Directors and Officers|Part B - Meetings and Action of the Board|§ 4-33-822. Call and notice of meetings

 (a) Unless the articles, bylaws or subsection (c) of this section provide otherwise, regular meetings of the board may be held without notice.  (b) Unless the articles, bylaws or subsection (c) of this section provide otherwise, special meetings of the board must be preceded by at least two (2) days' notice to each director of the date, time, and place, but not the purpose, of the meeting.  (c) In corporations without members any board action to remove a director or to approve a matter that would require approval by the members if the corporation had members, shall not be valid unless each director is given at least seven (7) days' written notice that the matter will be voted upon at a directors' meeting or unless notice is waived pursuant to § 4-33-823.  (d) Unless the articles or bylaws provide otherwise, the presiding officer of the board, the president or twenty percent (20%) of the directors then in office may call and give notice of a meeting of the board.
AR Code § 4-33-823 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 8 - Directors and Officers|Part B - Meetings and Action of the Board|§ 4-33-823. Waiver of notice

 (a)  (1) A director may at any time waive any notice required by this chapter, the articles, or bylaws.  (2) Except as provided in subsection (b) of this section, the waiver must be in writing, signed by the director entitled to the notice, and filed with the minutes of the corporate records.  (3) A signed waiver delivered by facsimile transmittal or other electronic communication bearing an image of the signature shall constitute a valid waiver of notice under this section.    (b) A director's attendance at or participation in a meeting waives any required notice of the meeting unless the director upon arriving at the meeting or prior to the vote on a matter not noticed in conformity with this chapter, the articles, or bylaws objects to lack of notice and does not thereafter vote for or assent to the objected to action.
AR Code § 4-33-824 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 8 - Directors and Officers|Part B - Meetings and Action of the Board|§ 4-33-824. Quorum and voting

 (a) Except as otherwise provided in this chapter, the articles or bylaws, a quorum of a board of directors consists of a majority of the directors in office immediately before a meeting begins.  (b) If a quorum is present when a vote is taken, the affirmative vote of a majority of directors present is the act of the board unless this chapter, the articles or bylaws require the vote of a greater number of directors.
AR Code § 4-33-825 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 8 - Directors and Officers|Part B - Meetings and Action of the Board|§ 4-33-825. Committees of the board

 (a) Unless prohibited or limited by the articles or bylaws, a board of directors may create one (1) or more committees of the board and appoint members of the board to serve on them. Each committee shall have two (2) or more directors, who serve at the pleasure of the board.  (b) The creation of a committee and appointment of members to it must be approved by the greater of:  (1) a majority of a quorum of the directors when the action is taken; or  (2) the number of directors required by the articles or bylaws to take action under § 4-33-824.    (c) Sections 4-33-820 — 4-33-824, which govern meetings, action without meetings, notice and waiver of notice, and quorum and voting requirements of the board, apply to committees of the board and their members as well.  (d) To the extent specified by the board of directors or in the articles or bylaws, each committee of the board may exercise the board's authority under § 4-33-801.  (e) A committee of the board may not, however:  (1) authorize distributions;  (2) approve or recommend to members dissolution, merger or the sale, pledge or transfer of all or substantially all of the corporation's assets;  (3) elect, appoint or remove directors or fill vacancies on the board or on any of its committees; or  (4) adopt, amend or repeal the articles or bylaws.    (f) The creation of, delegation of authority to, or action by a committee does not alone constitute compliance by a director with the standards of conduct described in § 4-33-830.
AR Code § 4-33-830 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993|Subchapter 8 - Directors and Officers|Part C - Standards of Conduct|§ 4-33-830. General standards for directors

 (a) A director shall discharge his or her duties as a director, including his or her duties as a member of a committee:  (1) in good faith;  (2) with the care an ordinarily prudent person in a like position would exercise under similar circumstances; and  (3) in a manner the director reasonably believes to be in the best interests of the corporation.    (b) In discharging his or her duties, a director is entitled to rely on information, opinions, reports, or statements, including financial statements and other financial data, if prepared or presented by:  (1) one (1) or more officers or employees of the corporation whom the director reasonably believes to be reliable and competent in the matters presented;  (2) legal counsel, public accountants or other persons as to matters the director reasonably believes are within the person's professional or expert competence;  (3) a committee of the board of which the director is not a member, as to matters within its jurisdiction, if the director reasonably believes the committee merits confidence; or  (4) in the case of religious corporations, religious authorities and ministers, priests, rabbis or other persons whose position or duties in the religious organization the director believes justify reliance and confidence and whom the director believes to be reliable and competent in the matters presented.    (c) A director is not acting in good faith if the director has knowledge concerning the matter in question that makes reliance otherwise permitted by subsection (b) of this section unwarranted.  (d) A director is not liable to the corporation, any member, or any other person for any action taken or not taken as a director, if the director acted in compliance with this section.  (e) A director shall not be deemed to be a trustee with respect to the corporation or with respect to any property held or administered by the corporation, including without limit, property that may be subject to restrictions imposed by the donor or transferor of such property.