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88 chapters · 2,278 sections in this title.
Ark. Code Ann. § 4-27-723 Shares held by nominees
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(a) A corporation may establish a procedure by which the beneficial owner of shares that are registered in the name of a nominee is recognized by the corporation as the shareholder. The extent of this recognition may be determined in the procedure. (b) The procedure may set forth…
Ark. Code Ann. § 4-27-724 Corporation's acceptance of votes
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(a) If the name signed on a vote, consent, waiver, or proxy appointment corresponds to the name of a shareholder, the corporation if acting in good faith is entitled to accept the vote, consent, waiver, or proxy appointment and give it effect as the act of the shareholder. (b) If…
Ark. Code Ann. § 4-27-725 Quorum and voting requirements for voting groups
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(a) Shares entitled to vote as a separate voting group may take action on a matter at a meeting only if a quorum of those shares exists with respect to that matter. Unless the articles of incorporation or this chapter provide otherwise, a majority of the votes entitled to be cast…
Ark. Code Ann. § 4-27-726 Action by single and multiple voting groups
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(a) If the articles of incorporation or this chapter provide for voting by a single voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in § 4-27-725. (b) If the articles of incorporation or this chapter provide for voting by …