Ark. Code Ann. § 4-28-620
Member's resignation
Year: 2026Length: 140 wordsSubsections: 2
(a) A member may resign as a member in accordance with the governing principles. In the absence of applicable governing principles, a member may resign at any time. (b) Unless the governing principles provide otherwise, resignation of a member does not relieve the member from any unpaid capital contribution, dues, assessments, fees, or other obligation incurred or commitment made by the member before resignation. Acts 2011, No. 202, § 2.
(a) A member may resign as a member in accordance with the governing principles. In the absence of applicable governing principles, a member may resign at any time.
(b) Unless the governing principles provide otherwise, resignation of a member does not relieve the member from any unpaid capital contribution, dues, assessments, fees, or other obligation incurred or commitment made by the member before resignation.
Acts 2011, No. 202, § 2.