Arkansas § 4-33-622 - Purchase of memberships.
Full text of Arkansas Arkansas Code of 1987 Annotated § 4-33-622 — Purchase of memberships., with citation guidance and answers to common questions.
§ 4-33-622. Purchase of memberships.
A public benefit or religious corporation may not purchase any of its memberships or any right arising therefrom. A mutual benefit corporation may purchase the membership of a member who resigns or whose membership is terminated for the amount and pursuant to the conditions set forth in or authorized by its articles or bylaws. No payment shall be made in violation of §§ 4-33-1301 et seq.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 4-33-622
What does Arkansas Code of 1987 Annotated § 4-33-622 cover?
Section 4-33-622 ("Purchase of memberships.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 4-33-622?
A common citation format is "Arkansas Code of 1987 Annotated § 4-33-622" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 4-33-622 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.