reglab/statecodes huggingface dataset:
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-1-206) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-1-102) › Section 2-1-101 - Prohibition against center pivot irrigation discharge on interstate

(a)
It is unlawful for a person, sole proprietorship, partnership, or corporation that engages in irrigation of any farm or agricultural lands to intentionally permit or cause any center pivot irrigation water to be discharged onto the traveled portion of any interstate or state highway.
(b)
(1)
A first violation of this section shall cause a warning to be issued.
(2)
Upon conviction of a second or subsequent offense, the offender shall be guilty of a violation and punished by a fine of not less than one hundred dollars ($100) nor more than two hundred fifty dollars ($250).
(c)
It is an affirmative defense to prosecution under this section that the discharge of center pivot irrigation waters onto an interstate or state highway resulted from winds of such intensity that no mechanical device that is intended to prevent spray from reaching the roadway could have prevented the spraying or that the discharge resulted from excessive rainfall that contributed to flooding of the roadway.
Acts 2001, No. 1753, § 1; 2005, No. 1994, § 2.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-1-206) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-1-102) › Section 2-1-102 - Sustainable agriculture - Definition

(a)
As used in this section, "sustainable" includes without limitation:
(1)
Science-based practices supported by research; and
(2)
The use of technology that is demonstrated to lead to broad, outcomes-based performance improvements that:
(A)
Meet the needs of the present; and
(B)
Improve the ability of future generations to meet their needs while advancing progress toward environmental, social, and economic goals and the well-being of agricultural producers and rural communities.
(b)
Sustainable agriculture may use continuous improvement principles with goals that include without limitation:
(1)
Increasing agricultural productivity;
(2)
Improving human health through access to safe, nutritious, and affordable food; and
(3)
Enhancing agricultural and surrounding environments, including without limitation water, soil, and air quality, biodiversity, and habitat preservation.
(c)
(1)
The Department of Agriculture and the State Plant Board shall interpret any administrative rule or federal rule or regulation promulgated by a state or federal agency that establishes standards for harvesting or producing agricultural crops in accordance with the definition and guidelines provided in this section.
(2)
This section does not apply to silviculture and any state rules or federal rules or regulations regarding silviculture.
Amended by Act 2019, No. 315,§ 2, eff. 7/24/2019.
Amended by Act 2019, No. 910,§ 9, eff. 7/1/2019.
Acts 2011, No. 1196, § 1.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-1-206) › Subchapter 2 - ARKANSAS YOUNG AND BEGINNING FARMER ADVISORY BOARD (§§ 2-1-201 — 2-1-203) › Section 2-1-201 - [Repealed]

Repealed by Act 2016EX3, No. 3,§ 2, eff. 5/23/2016.
Repealed by Act 2016EX3, No. 2,§ 2, eff. 5/23/2016.
Acts 2003, No. 1760, § 1; 2009, No. 543, § 1.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-1-206) › Subchapter 2 - ARKANSAS YOUNG AND BEGINNING FARMER ADVISORY BOARD (§§ 2-1-201 — 2-1-203) › Section 2-1-202 - [Repealed]

Repealed by Act 2016EX3, No. 3,§ 2, eff. 5/23/2016.
Repealed by Act 2016EX3, No. 2,§ 2, eff. 5/23/2016.
Acts 2003, No. 1760, § 1; 2005, No. 1962, § 1.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-1-206) › Subchapter 2 - ARKANSAS YOUNG AND BEGINNING FARMER ADVISORY BOARD (§§ 2-1-201 — 2-1-203) › Section 2-1-203 - [Repealed]

Repealed by Act 2016EX3, No. 3,§ 2, eff. 5/23/2016.
Repealed by Act 2016EX3, No. 2,§ 2, eff. 5/23/2016.
Acts 2003, No. 1760, § 1; 2007, No. 672, § 1.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-1-206) › Subchapter 3 - TRUTH IN LABELING OF AGRICULTURAL PRODUCTS THAT ARE EDIBLE BY 24 HUMANS (§§ 2-1-301 — 2-1-206) › Section 2-1-301 - Legislative purpose

The purpose of this subchapter is to protect consumers from being misled or confused by false or misleading labeling of agricultural products that are edible by humans.
Added by Act 2019, No. 501,§ 1, eff. 7/24/2019.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-1-206) › Subchapter 3 - TRUTH IN LABELING OF AGRICULTURAL PRODUCTS THAT ARE EDIBLE BY 24 HUMANS (§§ 2-1-301 — 2-1-206) › Section 2-1-302 - Definitions

As used in this subchapter:
(1)
"Agricultural product" means a horticultural, viticultural, forestry, dairy, livestock, poultry, or bee product or any other farm, ranch, plantation, or range product;
(2)
"Beef" means the flesh of a domesticated bovine, such as a steer or cow, that is edible by humans;
(3)
"Beef product" means an agricultural product that is edible by humans and produced in whole or in part from beef, including without limitation beef jerky, beef patties, chopped beef, fabricated steak, hamburger, ground beef, ribs, and roast;
(4)
"Label" means a display of written, printed, or graphic matter upon or affixed to the container or wrapper in which an agricultural product that is edible by humans is offered for direct retail sale;
(5)
"Labeling" means the act of identifying, describing, or advertising an agricultural product that is edible by humans by means of the label or through other means;
(6)
"Livestock" means swine, bovine, sheep, and goat;
(7)
(A)
"Meat" means a portion of a livestock, poultry, or cervid carcass that is edible by humans.
(B)
"Meat" does not include a:
(i)
Synthetic product derived from a plant, insect, or other source; or
(ii)
Product grown in a laboratory from animal cells;
(8)
"Meat product" means an agricultural product that is edible by humans and made wholly or in part from meat or another portion of a livestock, poultry, or cervid carcass;
(9)
"Misbrand" means to identify an agricultural product edible by humans in a false or misleading way;
(10)
"Misrepresent" means to use any untrue, misleading, or deceptive oral or written statement, advertising, label, display, picture, illustration, or sample;
(11)
"Person" means an individual, partnership, limited liability company, limited liability partnership, corporation, firm, company, or other entity doing business in Arkansas;
(12)
"Pork" means the flesh of a domesticated swine that is edible by humans;
(13)
"Pork product" means an agricultural product that is edible by humans and produced in whole or in part from pork, including without limitation bacon, bratwurst, ground pork, ham, pork chops, ribs, roast, and sausage;
(14)
"Poultry" means a domesticated bird that is edible by humans; and
(15)
"Rice" means the whole, broken, or ground kernels or by-products obtained from the species Oryza sativa L. or Oryza glaberrima, or wild rice, which is obtained from one (1) of the four (4) species of grasses from the genus Zizania or Porteresia.
Amended by Act 2021, No. 464,§ 2, eff. 7/28/2021.
Amended by Act 2021, No. 464,§ 1, eff. 7/28/2021.
Added by Act 2019, No. 501,§ 1, eff. 7/24/2019.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-1-206) › Subchapter 3 - TRUTH IN LABELING OF AGRICULTURAL PRODUCTS THAT ARE EDIBLE BY 24 HUMANS (§§ 2-1-301 — 2-1-206) › Section 2-1-303 - Applicability

This subchapter applies only to a person that places a label on an agricultural product that is edible by humans.
Added by Act 2019, No. 501,§ 1, eff. 7/24/2019.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-1-206) › Subchapter 3 - TRUTH IN LABELING OF AGRICULTURAL PRODUCTS THAT ARE EDIBLE BY 24 HUMANS (§§ 2-1-301 — 2-1-206) › Section 2-1-304 - Administration

The Director of the Arkansas Bureau of Standards shall:
(1)
Administer and enforce this subchapter;
(2)
Promulgate rules to implement the purposes and requirements of this subchapter; and
(3)
Receive and investigate complaints regarding alleged violations of this subchapter and the rules promulgated by the director.
Added by Act 2019, No. 501,§ 1, eff. 7/24/2019.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-1-206) › Subchapter 3 - TRUTH IN LABELING OF AGRICULTURAL PRODUCTS THAT ARE EDIBLE BY 24 HUMANS (§§ 2-1-301 — 2-1-206) › Section 2-1-305 - Prohibited activities

A person shall not misbrand or misrepresent an agricultural product that is edible by humans, including without limitation by:
(1)
Affixing a label that is false or misleading;
(2)
Selling the agricultural product under the name of another food;
(3)
Omitting information required under §
20-56-209
from the label;
(4)
Placing information on the label in a way that does not conform with the requirements under §
20-56-209
;
(5)
Representing the agricultural product as a food for which a definition and standard of identity has been provided by regulations under §
20-56-219
or by the Federal Food, Drug, and Cosmetic Act,
21 U.S.C. § 301
et seq., as it existed on January 1, 2019, unless:
(A)
The agricultural product conforms to the definition and standard; and
(B)
The label of the agricultural product bears the name of the food specified in the definition and standard and includes the common names of optional ingredients other than spices, flavoring, and coloring present in the food as regulations require;
(6)
Representing the agricultural product as meat or a meat product when the agricultural product is not derived from harvested livestock, poultry, or cervids;
(7)
Representing the agricultural product as rice when the agricultural product is not rice;
(8)
Representing the agricultural product as beef or a beef product when the agricultural product is not derived from a domesticated bovine;
(9)
Representing the agricultural product as pork or a pork product when the agricultural product is not derived from a domesticated swine;
(10)
Utilizing a term that is the same as or similar to a term that has been used or defined historically in reference to a specific agricultural product; or
(11)
Affixing a label that uses a variation of rice in the name of the agricultural product when the agricultural product is not rice or derived from rice.
Added by Act 2019, No. 501,§ 1, eff. 7/24/2019.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-1-206) › Subchapter 3 - TRUTH IN LABELING OF AGRICULTURAL PRODUCTS THAT ARE EDIBLE BY 24 HUMANS (§§ 2-1-301 — 2-1-206) › Section 2-1-306 - Civil penalty

(a)
(1)
A person that violates §
2-1-305
shall be fined an amount not to exceed one thousand dollars ($1,000) for each violation.
(2)
Each item that violates §
2-1-305
constitutes a separate violation subject to the civil penalty provided in subdivision (a)(1) of this section.
(b)
(1)
A person subject to a civil penalty under subsection (a) of this section may request an administrative hearing within ten (10) calendar days after receipt of the notice of the penalty.
(2)
Upon request, the Director of the Arkansas Bureau of Standards shall conduct a hearing after giving appropriate notice to the person, and the decision of the director is subject to appropriate judicial review.
(3)
(A)
If a person subject to a civil penalty under subsection (a) of this section has exhausted all administrative appeals and the civil penalty has been upheld, the person or entity shall pay the civil penalty within twenty (20) calendar days after the effective date of the final decision.
(B)
If the person fails to pay the civil penalty as required under this section, a civil action may be brought by the director in a court of competent jurisdiction to recover the civil penalty.
(C)
A civil penalty collected under this section shall be deposited into the Plant Board Fund.
(c)
The director may waive a civil penalty for a violation of §
2-1-305
if:
(1)
He or she determines that the violation was accidental, erroneous, or unintentional; or
(2)
The person that violated §
2-1-305
publicly acknowledges the violation and issues a voluntary recall for the mislabeled products.
Added by Act 2019, No. 501,§ 1, eff. 7/24/2019.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-1-206) › Subchapter 3 - TRUTH IN LABELING OF AGRICULTURAL PRODUCTS THAT ARE EDIBLE BY 24 HUMANS (§§ 2-1-301 — 2-1-206) › Section 2-1-204 - [Repealed]

Repealed by Act 2016EX3, No. 3,§ 2, eff. 5/23/2016.
Repealed by Act 2016EX3, No. 2,§ 2, eff. 5/23/2016.
Acts 2003, No. 1760, § 1; 2007, No. 672, § 1.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-1-206) › Subchapter 3 - TRUTH IN LABELING OF AGRICULTURAL PRODUCTS THAT ARE EDIBLE BY 24 HUMANS (§§ 2-1-301 — 2-1-206) › Section 2-1-205 - [Repealed]

Repealed by Act 2016EX3, No. 3,§ 2, eff. 5/23/2016.
Repealed by Act 2016EX3, No. 2,§ 2, eff. 5/23/2016.
Acts 2003, No. 1760, § 1.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-1-206) › Subchapter 3 - TRUTH IN LABELING OF AGRICULTURAL PRODUCTS THAT ARE EDIBLE BY 24 HUMANS (§§ 2-1-301 — 2-1-206) › Section 2-1-206 - [Repealed]

Repealed by Act 2016EX3, No. 3,§ 2, eff. 5/23/2016.
Repealed by Act 2016EX3, No. 2,§ 2, eff. 5/23/2016.
Acts 2003, No. 1760, § 1.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-101 - Purpose

(a)
The purposes of this subchapter are to provide for:
(1)
The formation and operation of agricultural cooperative associations; and
(2)
The rights, powers, liabilities, and duties of cooperative associations.
(b)
Associations organized under this subchapter shall be deemed to be nonprofit, inasmuch as they are not organized for the purpose of making profits for themselves or for their members as proprietors, but only for their members as patrons and employees of the associations.
Acts 1939, No. 153, § 1; A.S.A. 1947, § 77-1001.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-102 - Definitions

As used in this subchapter, unless the context otherwise requires:
(1)
"Agricultural products" means horticultural, viticultural, forestry, dairy, livestock, poultry, bee, and any other farm, ranch, plantation, and range products;
(2)
"Association" means any association organized under this subchapter;
(3)
"Member" means a member of record as determined under the articles of association and bylaws of an association. The term "member" shall include the holder of a membership in an association without capital stock and the holder of common stock in an association organized with capital stock; and
(4)
"Person" means individuals, firms, partnerships, corporations, and associations.
Acts 1939, No. 153, § 2; 1981, No. 121, § 1; A.S.A. 1947, § 77-1002.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-103 - Construction

(a)
Any provisions of law which otherwise would be in conflict with this subchapter shall not be construed as applying to an association provided for in this subchapter.
(b)
No provision of law shall be deemed to be repealed by this subchapter.
(c)
This subchapter shall not affect the provisions of the Cooperative Marketing Act, §
2-2-401
et seq.
Acts 1939, No. 153, § 26; A.S.A. 1947, § 77-1025.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-104 - Who may organize

Any number of persons, not less than five (5), who are engaged in the production of agricultural commodities may form a cooperative association with or without capital stock under the provisions of this subchapter.
Acts 1939, No. 153, § 3; A.S.A. 1947, § 77-1003.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-105 - Reasons for organizing

An association may be organized to engage in any agricultural or related activity, including, but without limitation, any activity in connection with the producing, marketing, selling, harvesting, dairying, preserving, drying, processing, canning, packing, milling, ginning, compressing, storing, transporting, handling, or utilization of any agricultural or forestry products produced by it or delivered to it by its members or others; with the manufacturing or marketing of the by-products thereof, or in connection with the purchase, hiring, or use by it or its members or others of supplies, machinery, or equipment; in the acquisition or improvement of land; in the construction or maintenance of houses, barns, sheds, or facilities for its use or the use of its members; for indemnifying or replacing damaged, lost, or destroyed livestock or other tangible personal property pertaining to agriculture belonging to its members; in burial activities; or the furnishing of medical, dental, health, hospitalization, nursing, or any related services, or medicines or medical supplies to its members and their families.
Acts 1939, No. 153, § 4; A.S.A. 1947, § 77-1004.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-107 - Members

(a)
(1)
Under the terms and conditions prescribed in its bylaws, an association formed under this subchapter may admit any persons as members who are engaged in the production of agricultural commodities, including the lessees and tenants of lands used for production of agricultural commodities and lessors and landlords who receive as rent all or part of the crops raised on the leased premises, and issue certificates of common stock or membership to them.
(2)
Certificates of stock or membership shall not be transferable except as provided in the articles of association or the bylaws. No person shall otherwise acquire, by operation of law or otherwise, the benefits of membership except as provided in this subchapter.
(b)
If a member of any association organized under this subchapter is other than a natural person, the member may be represented by any individual, associate, officer, manager, or member thereof, duly authorized in writing.
Acts 1939, No. 153, § 7; A.S.A. 1947, § 77-1007.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-108 - Articles of association

(a)
Each association formed under this subchapter must prepare and file articles of association, setting forth:
(1)
The name of the association;
(2)
The purposes for which it is formed;
(3)
The place where its principal business will be transacted, which shall be its domicile;
(4)
The term for which it is to exist, which may be perpetual;
(5)
The number of directors thereof, which must not be fewer than five (5) and may be any number in excess thereof, and the term of office of the directors;
(6)
If organized without capital stock, the classes of membership, if more than one (1) class of membership is authorized, and the rules determining the property rights of all classes of members in the event of dissolution; and
(7)
(A)
If organized with capital stock, the amount of stock and the number of shares into which it is divided and the par value thereof.
(B)
(i)
The capital stock may be divided into preferred and common stock.
(ii)
If so divided, the articles of association must contain a statement of the number of shares of stock to which preference is granted, the nature and definite extent of the preference and privileges granted to each, and the number of shares of stock to which no preference is granted.
(b)
The articles must be subscribed by the incorporators and acknowledged by them before an officer authorized by the law of this state to take and certify acknowledgments. They shall be filed and recorded in the office of the Secretary of State.
Acts 1939, No. 153, § 8; A.S.A. 1947, § 77-1008.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-109 - Amendments to articles

(a)
The articles of association may be altered or amended at any regular or special meeting of the stockholders or members called for that purpose.
(b)
Amendments to the articles of association, when so adopted, shall be certified by the president and secretary of the association and shall be filed with the Secretary of State.
Acts 1939, No. 153, § 9; A.S.A. 1947, § 77-1009.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-111 - Regular and special meetings

(a)
In its bylaws, each association shall provide for one (1) or more regular meetings annually.
(b)
(1)
The board of directors shall have the right to call a special meeting at any time. Members or stockholders holding ten percent (10%) of the voting power may file a petition with the chair of the board stating the specific business to be brought before the association and demand a special meeting at any time.
(2)
These meetings must be called by the board.
(c)
(1)
Notice of all meetings, together with a statement of the purposes thereof, shall be mailed to each member at least five (5) days before the meeting.
(2)
The bylaws may require instead that the notice may be given by publication in a newspaper of general circulation, published at the principal place of business of the association. If no newspaper is published at that place, notice may be given in a newspaper having circulation at the principal place of business of the association.
Acts 1939, No. 153, § 11; 1983, No. 163, § 2; A.S.A. 1947, § 77-1011.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-112 - Board of directors

(a)
(1)
The affairs of the association shall be managed by a board of not less than five (5) directors.
(2)
(A)
(i)
The bylaws may provide that the territory in which the association has members shall be divided into districts and that the directors shall be elected according to the districts.
(ii)
In such cases, the bylaws shall specify the number of directors to be elected by each district and the manner and method of reapportioning the directors and redistricting the territory covered by the association. The bylaws may provide for a quorum of the directors in each district.
(B)
The bylaws may provide that primary elections should be held in each district to elect the directors apportioned to the districts, and the results of all the primary elections must be ratified by the next regular meeting of the association or may be considered final as to the association.
(b)
The bylaws may provide that one (1) or more directors may be appointed by the Governor, the Dean of the College of Agriculture of the University of Arkansas at Fayetteville, or any other designated federal or state public official or commission.
(c)
(1)
Where not otherwise prohibited by the bylaws, the directors of the association may provide a fair remuneration for the time actually spent by its officers, directors, and employees in its service.
(2)
No director, during the term of his or her office, shall be a party to a contract for profit with the association differing in any way from the business relations accorded regular members or holders of common stock of the association.
(d)
The bylaws may provide for an executive committee and may allot to the committee all the functions and powers of the board of directors, subject to the general direction and control of the board.
Acts 1939, No. 153, § 12; A.S.A. 1947, § 77-1012.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-113 - Officers

(a)
The board of directors shall elect a president, one (1) or more vice presidents, a secretary, and a treasurer, and they may combine the two (2) latter officers and designate the combined office as secretary-treasurer.
(b)
(1)
The treasurer may be a bank or any depository, and as such shall not be considered as an officer but as a functionary of the board.
(2)
In such case, the secretary shall perform the usual accounting duties of the treasurer, excepting that the funds shall be deposited only as authorized by the board.
Acts 1939, No. 153, § 13; A.S.A. 1947, § 77-1013.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-115 - Matters referred to membership

Upon demand of one-third (1/3) of the entire board of directors, any matter that has been approved or passed by the board must be referred to the entire membership or the stockholders for decision at the next special or regular meeting. A special meeting may be called for that purpose.
Acts 1939, No. 153, § 15; A.S.A. 1947, § 77-1015.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-116 - Marketing contracts - Participation agreements

(a)
(1)
Upon resolution adopted by its board of directors, any association may enter into all necessary and proper contracts and agreements and make all necessary and proper stipulations, agreements, contracts, and arrangements with its members, other persons, cooperatives, corporations, or associations formed in this or any other state for the cooperative and more economical carrying on of its business or any parts of its business.
(2)
Any two (2) or more associations by agreement between them may unite in employing and using or may expressly employ and use the same methods, means, and agencies for carrying on and conducting their respective businesses.
(b)
In addition to or in lieu of the marketing contracts authorized in subsection (a) of this section, the association and its members or others may make and execute any other type of participation agreement in cases in which the association will engage in other than marketing activities as authorized under this subchapter.
Acts 1939, No. 153, § 16; A.S.A. 1947, § 77-1016.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-117 - Remedies for breach of bylaws or contracts

(a)
(1)
The bylaws or the marketing or participation contract of any association existing under this subchapter may fix specific sums as liquidated damages to be paid by the member or stockholder to the association upon the breach or threatened breach by him or her of any provision of the participation agreement or upon the breach or threatened breach by him or her of any provision of the marketing contract regarding the sale or delivery or withholding of products.
(2)
These instruments may further provide that the member will pay all costs, premiums for bonds, expenses, and fees in case any action is brought upon the contract by the association.
(3)
These provisions shall be valid and enforceable in the courts of this state, and the clauses providing for liquidated damages shall be enforceable as such and shall not be regarded as penalties.
(b)
(1)
In the event of any breach or threatened breach of the marketing contract by a member or other person, the association shall be entitled to an injunction to prevent the breach or further breach of the contract and to a decree of specific performance of the contract.
(2)
(A)
Pending the adjudication of the action and upon filing a verified complaint showing the breach or threatened breach and upon filing a bond in the sum of one hundred dollars ($100), the association shall be entitled to an injunction against the member or other person.
(B)
The judge, in his or her discretion, may increase the bond to five hundred dollars ($500), after a hearing on five (5) days' notice to the parties if justice demands an increase in the amount of the bond.
(c)
In any civil action, upon any marketing contract of any member with any association existing under this subchapter, it shall be conclusively presumed that the products produced by any person, firm, or corporation during the period of time covered by the marketing contract, on the land of the member, however and by whomsoever produced, are the products of the member. As such, the products of the member are subject to the marketing contract if the products have been grown or acquired under any contract between the member and the other person, firm, or corporation entered into after the execution of the marketing contract. In such actions, the remedies for nondelivery or breach shall lie and be enforceable against the persons, firms, or corporations.
Acts 1939, No. 153, § 17; A.S.A. 1947, § 77-1017.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-118 - Penalties for inducing breach of contract

Any person or any corporation whose officers or employees knowingly induce or attempt to induce any person to breach his or her marketing or participation contract with an association shall be guilty of a violation and upon conviction shall be subject to a fine of not less than one hundred dollars ($100) nor more than one thousand dollars ($1,000) for the offense and shall be liable to the association aggrieved in a civil suit in the penal sum of five hundred dollars ($500) for each offense.
Acts 1939, No. 153, § 21; A.S.A. 1947, § 77-1021; Acts 2005, No. 1994, § 3.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-119 - General corporation laws

The provisions of the general corporation laws of this state, and all powers and rights thereunder, shall apply to the associations organized under this subchapter, except where the provisions are in conflict with or inconsistent with the express provisions of this subchapter.
Acts 1939, No. 153, § 18; A.S.A. 1947, § 77-1018.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-120 - Interest in similar entities

An association organized or existing under this subchapter may organize, form, operate, own, control, have an interest in, own stock of, or be a member of any corporation or association, with or without capital stock, engaged in any of the activities authorized under this subchapter, whether formed under this subchapter or any other law of this or any other state.
Acts 1939, No. 153, § 19; A.S.A. 1947, § 77-1019.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-121 - Existing entities may participate

(a)
(1)
Any corporation or association organized under previously existing statutes for purposes authorized in this subchapter, which are otherwise eligible under the provisions of this subchapter, may be brought under the provisions of this subchapter by a majority vote of its stockholders or members.
(2)
(A)
It shall make out in duplicate a statement signed and sworn to by the president or vice president and secretary to the effect that the corporation or association has decided, by a majority vote of its stockholders or members, to accept the benefits and be bound by the provisions of this subchapter. The statement shall be filed with the charter or articles of association.
(B)
The charter or articles of association of the corporation or association shall be amended, if necessary, to comply with the provisions of this subchapter. The charter or articles of association shall be filed as required in this subchapter, except that they shall be signed by a majority of the members of the board of directors.
(b)
The bylaws of the corporation or association shall also be amended, if necessary, to comply with the provisions of this subchapter.
(c)
The filing fee for filing the statement and charter or articles of association shall be the same as for filing an amendment to the articles of association.
Acts 1939, No. 153, § 20; A.S.A. 1947, § 77-1020.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-122 - Arrangements not in restraint of trade

No association organized or existing under this subchapter shall be deemed to be a combination in restraint of trade or an illegal monopoly or an attempt to lessen competition or fix prices arbitrarily, nor shall the marketing or participation contracts or agreements between the association and its members or others or any agreements authorized by this subchapter be considered illegal or in restraint of trade.
Acts 1939, No. 153, § 22; A.S.A. 1947, § 77-1022.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-123 - Annual license fee - Taxation

(a)
Each association organized or existing under this subchapter shall pay an annual license fee of ten dollars ($10.00) to the Secretary of State.
(b)
(1)
In addition, each association shall be subject to the Arkansas Gross Receipts Act of 1941, as amended, §
26-52-101
et seq., and the Arkansas Compensating Tax Act of 1949, as amended, §
26-53-101
et seq., and all other taxes levied in this state. However, any association which immediately distributes at the close of each business year all surpluses by cash or certificate to its members shall not be subject to the Income Tax Act of 1929, §
26-51-101
et seq., with respect to the income.
(2)
Each association shall be subject to taxes upon its real estate and personal property.
Acts 1939, No. 153, § 24; 1969, No. 311, § 1; A.S.A. 1947, § 77-1023.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 1 - GENERAL PROVISIONS (§§ 2-2-101 — 2-2-124) › Section 2-2-124 - Filing fees

For filing articles of association, an association organized under this subchapter shall pay five dollars ($5.00), and it shall pay two dollars and fifty cents ($2.50) for filing an amendment to the articles.
Acts 1939, No. 153, § 25; A.S.A. 1947, § 77-1024.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 2 - COTTON ASSOCIATIONS (§§ 2-2-201 — 2-2-202) › Section 2-2-201 - Membership

(a)
A person, firm, or corporation shall become a member of a cotton cooperative association organized and domesticated under the laws of the State of Arkansas only when the membership contract shall be in duplicate and shall state the time of the duration of each contract signed both by the member and the association.
(b)
The signature of any person on a draft or check containing conditions which purport to make a person a member of a cotton cooperative association as a prerequisite to obtaining money on any draft or check given to him or her for any cotton which he or she has sold or pledged to any cotton cooperative association shall not be construed as making the person a member of the association, even though he or she has signed or endorsed the check or draft.
Acts 1939, No. 12, § 1; 1939, No. 202, § 1; A.S.A. 1947, § 77-1026.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 2 - COTTON ASSOCIATIONS (§§ 2-2-201 — 2-2-202) › Section 2-2-202 - Penalty

(a)
Any person, firm, or corporation violating any provision of §
2-2-201
shall be guilty of a Class A misdemeanor.
(b)
Each violation of any provision of §
2-2-201
shall be deemed a separate offense.
Acts 1939, No. 12, § 1-A; 1939, No. 202, § 1-A; A.S.A. 1947, § 77-1027; Acts 2005, No. 1994, § 330.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 3 - MERGER AND CONSOLIDATION (§§ 2-2-301 — 2-2-313) › Section 2-2-301 - Applicability

Except as otherwise provided in this subchapter, the provisions of this subchapter shall apply exclusively to the merger, consolidation, mortgage, sale, and lease of assets of and by an association subject to the provisions of this subchapter.
Acts 1981, No. 121, § 13; A.S.A. 1947, § 77-1039.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 3 - MERGER AND CONSOLIDATION (§§ 2-2-301 — 2-2-313) › Section 2-2-302 - Provisions supplemental

(a)
The provisions of this subchapter shall be supplemental to, and part of, §§
2-2-101
-
2-2-124
,
2-2-201
, and
2-2-202
, and legislation amendatory and supplemental to these provisions relating to agricultural cooperative associations.
(b)
The definitions of terms in §
2-2-102
shall be equally applicable with respect to terms used in this subchapter.
Acts 1981, No. 121, § 14; 1985, No. 385, § 10; A.S.A. 1947, § 77-1040.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 3 - MERGER AND CONSOLIDATION (§§ 2-2-301 — 2-2-313) › Section 2-2-303 - Procedure for merger

(a)
Any two (2) or more domestic associations created under §
2-2-101
et seq. may merge into one (1) of these associations under a plan of merger approved in the manner provided in this subchapter.
(b)
The board of directors of each association shall, by resolution adopted by each board, approve a plan of merger setting forth:
(1)
The names of the associations proposing to merge and the name of the association into which they propose to merge, which is designated as the "surviving association";
(2)
The terms and conditions of the proposed merger;
(3)
The manner and basis of converting the shares, patronage, or other interests of each merging association into shares or other interests of the surviving association;
(4)
A statement of any changes in the articles of incorporation of the surviving association to be affected by the merger;
(5)
The time when the merger shall become effective; and
(6)
Such other provisions with respect to the proposed merger as are deemed necessary or desirable.
Acts 1981, No. 121, § 2; A.S.A. 1947, § 77-1028.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 3 - MERGER AND CONSOLIDATION (§§ 2-2-301 — 2-2-313) › Section 2-2-304 - Procedure for consolidation

(a)
Any two (2) or more domestic associations created under §
2-2-101
et seq. may consolidate into a new association under a plan of consolidation approved in the manner provided in this subchapter.
(b)
The board of directors of each association by a resolution adopted by each board shall approve a plan of consolidation setting forth:
(1)
The names of the associations proposing to consolidate, and the name of the new association into which they propose to consolidate, which is designated as the "new association";
(2)
The terms and conditions of the proposed consolidation;
(3)
The manner and basis of converting the shares, patronage, or other interests of each association into shares or other interests of the new association;
(4)
With respect to the new association, all of the statements required to be set forth in articles of incorporation for associations organized under this subchapter;
(5)
The time when the consolidation shall become effective; and
(6)
Such other provisions with respect to the proposed consolidation as are deemed necessary or desirable.
Acts 1981, No. 121, § 3; A.S.A. 1947, § 77-1029.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 3 - MERGER AND CONSOLIDATION (§§ 2-2-301 — 2-2-313) › Section 2-2-305 - Approval by members - Abandonment

(a)
(1)
Upon approving the plan of merger or plan of consolidation, the board of directors of each association by resolution shall direct the plan be submitted to a vote at a meeting of members, which may be either an annual or a special meeting.
(2)
(A)
Written or printed notice shall be given to each member not less than twenty (20) days before the meeting, in the manner provided in this subchapter for the giving of notice of meetings to members, and shall state the purpose of the meeting, whether the meeting is an annual or a special meeting.
(B)
A copy or a summary of the plan of merger or plan of consolidation, as the case may be, shall be included in or enclosed with the notice.
(b)
(1)
At each meeting, a vote of the members shall be taken on the proposed plan of merger or consolidation.
(2)
Each member of each association shall be entitled to vote on the proposed plan of merger or consolidation.
(3)
The plan of merger or consolidation shall be approved upon receiving the affirmative vote of at least two-thirds (2/3) of the votes cast at the meeting in which members holding not less than fifty percent (50%) of the voting power of the association are represented in person or by proxy.
(c)
After approval by a vote of the members of each association and at any time before the filing of the articles of merger or consolidation, the merger or consolidation may be abandoned under provisions, if any, set forth in the plan of merger or consolidation.
Acts 1981, No. 121, § 4; 1983, No. 163, § 4; A.S.A. 1947, § 77-1030.
Arkansas Code of 1987 (2023) › Title 2 - AGRICULTURE (§§ 2-1-101 — 2-40-1305) › Subtitle 1 - GENERAL PROVISIONS (§§ 2-1-101 — 2-11-107) › Chapter 2 - AGRICULTURAL COOPERATIVE ASSOCIATIONS (§§ 2-2-101 — 2-2-430) › Subchapter 3 - MERGER AND CONSOLIDATION (§§ 2-2-301 — 2-2-313) › Section 2-2-306 - Articles of merger or consolidation

Upon approval, articles of merger or articles of consolidation shall be executed by each association and filed in accordance with this subchapter, which shall be certified by the president and secretary of each association signing them and shall set forth:
(1)
The plan of merger or the plan of consolidation, including the time when it shall become effective;
(2)
As to each association:
(A)
The number of shares or memberships outstanding or votes entitled to be cast; and
(B)
If the shares or members of any class are entitled to vote as a class, the designation in number of outstanding shares or memberships or votes entitled to be cast by each class; and
(3)
As to each association:
(A)
The number of votes cast for and against the plan, respectively; and
(B)
If any shares of any class of stock are entitled to vote as a class, the number of shares or votes of each class voted for and against the plan, respectively.
Acts 1981, No. 121, § 5; 1983, No. 163, § 5; A.S.A. 1947, § 77-1031.