Ark. Code § 23-35-103
Current with legislation from 2024 Fiscal and Special Sessions.
A credit union shall be deemed an institution for savings and, together with all accumulations therein, shall not be subject to taxation except as to real estate owned. The shares of a credit union shall not be subject to a stock transfer tax when issued by the corporation or when transferred from one (1) member to another.
Ark. Code § 23-35-103