Ark. Code Ann. » Title 2 Chapter 02
Arkansas Code Annotated

Ark. Code Ann. § 2-2-407 (2026)

Members

✓ current as of May 2026
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  1. Under the terms and conditions prescribed in its bylaws, an association may admit as members, or issue common stock only to, persons engaged in the production of the agricultural products to be handled by or through the association, including the lessees and tenants of land used for the production of agricultural products and any lessors and landlords who receive as rent part of the crop raised on the leased premises.
  2. If a member of a nonstock association is other than a natural person, the member may be represented by any individual, associate, officer, or member thereof, duly authorized in writing.
  3. An association organized under this subchapter may become a member or stockholder of any other association organized under this subchapter.

History. Acts 1921, No. 116, § 7; Pope's Dig., § 2292; A.S.A. 1947, § 77-907.

Notes of Decisions
Cited in 1 case, 1998–1998 · leading case: FARM BUREAU POLICY HOLDERS v. Farm Bureau Mut. Ins., 984 S.W.2d 6 (1998).
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FARM BUREAU POLICY HOLDERS v. Farm Bureau Mut. Ins., 984 S.W.2d 6 (1998). · cites it 2× “He cites this court, in particular, to Act 116 of 1921, codified at Ark. Code Ann. § 2-2-407 (Repl. 1996), which, he asserts, limits Farm Bureau membership to those engaged in the production of agricultural products.”
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