Statutes > Arkansas Statutes > Title 15 - Natural Resources and Economic Development > Subtitle 1 - Development Of Economic And Natural Resources Generally > Chapter 4 - Development Of Business And Industry Generally > Subchapter 10 - Arkansas Capital Development Company Act > § 15-4-1017 - Dividends and distributions.

§ 15-4-1017 - Dividends and distributions.

15-4-1017. Dividends and distributions.

Subject to any limitations as may be stated in the articles or governing documents thereof, the governing board of the capital development company may declare dividends and make partial distributions of its capital under the applicable business law under which it was formed.