Ark. Code § 23-35-101
Current with legislation from 2024 Fiscal and Special Sessions.
A credit union or central credit union is a cooperative nonprofit association, incorporated in accordance with the provisions of this chapter for the twofold purpose of encouraging thrift among its members and creating a source of credit at fair and reasonable rates of interest. A credit union or central credit union provides an opportunity for its members to use and control their own money in order to improve their economic and social condition.
Ark. Code § 23-35-101