# Ark. Code Ann. § 26-51-304: Income from investments made by nonprofit organizations

> Arkansas · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AR_T26_C51_S3_S26-51-304

## Section

- **Citation:** Ark. Code Ann. § 26-51-304
- **Heading:** Income from investments made by nonprofit organizations
- **Jurisdiction:** Arkansas
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** AR Code / Title 26 / Chapter 51 / Subchapter 3 / Section 26-51-304

## Text

Income derived from investments made by nonprofit organizations, whether or not the organization is organized or exists under the laws of this state, shall be exempt from state income tax where the income is for the sole purpose of providing pension and annuity benefits to members of the nonprofit organizations. Acts 1965, No. 149, § 1; A.S.A. 1947, § 84-2006.1.

Income derived from investments made by nonprofit organizations, whether or not the organization is organized or exists under the laws of this state, shall be exempt from state income tax where the income is for the sole purpose of providing pension and annuity benefits to members of the nonprofit organizations.

Acts 1965, No. 149, § 1; A.S.A. 1947, § 84-2006.1.

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AR_T26_C51_S3_S26-51-304. Check the current official text before relying on it. Not legal advice.