Statutes > Arkansas Statutes > Title 23 - Public Utilities and Regulated Industries > Subtitle 1 - Public Utilities And Carriers > Chapter 11 - Establishment and Organization of Railroads > Subchapter 2 - Railroad Incorporation Act of 1959 > § 23-11-215 - Board of directors -- Powers generally.

§ 23-11-215 - Board of directors -- Powers generally.

23-11-215. Board of directors -- Powers generally.

The management of the affairs of the corporation shall be vested in the board of directors, and, subject only to the limitations provided by law or by its articles, the board shall have full control over the affairs of the corporation and may authorize the exercise of all of its corporate powers.