§ 23-17-241. Opting out of underground damage coverage
(a) Any cooperative established under this subchapter may opt out of coverage under the Arkansas Underground Facilities Damage Prevention Act, § 14-271-101 et seq., by providing written notice to the Arkansas Public Service Commission by first class mail. (b) Any references in this section and §§ 23-17-201 — 23-17-240 and 23-17-242 to “this subchapter” and […]
§ 23-17-242. Cooperative acquiring another cooperative
Any cooperative organized prior to January 1, 1979, under the provisions of this subchapter may enter into an agreement with any other cooperative so organized for one of the cooperatives to acquire the other cooperative, subject to the following provisions: (1) Any agreement between cooperatives for one to acquire another shall be in writing and […]
§ 23-17-236. Construction standards
(a) Construction of telecommunications lines and facilities by a telecommunications company or cooperative as a minimum requirement shall comply with the standards of the National Electrical Safety Code of the Institute of Electrical and Electronics Engineers in effect at the time of the construction or requirements set up by the Arkansas Public Service Commission. Construction […]
§ 23-17-219. Board of directors — Elections — Term of office — Vacancies
(a) The directors of a cooperative shall hold office until their terms expire or until their successors are elected and qualified. (b) (1) At each annual meeting or, in case of failure to hold the annual meeting as specified in the bylaws, at a special meeting called for that purpose, the members shall elect directors […]
§ 23-17-237. Limitation of actions
No suit shall be brought against any telecommunications company or cooperative by the reason of the installation, use, or maintenance of telecommunications lines, poles, equipment, or fixtures on any real property, or within any right-of-way of any public way, unless it is commenced within two (2) years after the cause of action has accrued.
§ 23-17-220. Board of directors — Meetings
(a) Meetings of the board of directors, regular or special, shall be held at such place and upon such notice as the bylaws may prescribe. (b) (1) Neither the business to be transacted at, nor the purpose of, any regular meeting of the board of directors need be specified in the notice or waiver of […]
§ 23-17-238. Indemnification of directors, officers, employees, or agents — Insurance
(a) (1) A cooperative shall have power to indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending, or completed action, suit, or proceeding, whether civil, criminal, administrative, or investigative, other than an action by or in the right of the cooperative, by reason […]
§ 23-17-221. Officers, agents, and employees
(a) (1) (A) The board of directors shall elect a president, a vice president, a secretary, and a treasurer, and one (1) person may be elected to the office of secretary-treasurer. (B) The board of directors may elect such other officers as it deems necessary. (2) The powers, duties, and terms of office of the […]
§ 23-17-239. Standards of conduct for directors — Actions taken without board meeting — Conflicts of interest — Definition
(a) A director shall discharge his or her duties as a director, including his or her duties as a member of a committee: (1) In good faith; (2) With the care an ordinarily prudent person in a like position would exercise under similar circumstances; and (3) In a manner he or she reasonably believes to […]
§ 23-17-222. Executive committee
(a) By its bylaws, any cooperative may provide for an executive committee to be elected from and by its board of directors. (b) To such committee may be delegated the management of the current and ordinary business of the cooperative and such other duties as the bylaws may prescribe, but the designation of the committee […]