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88 chapters · 2,278 sections in this title.
Ark. Code Ann. § 4-27-1001 Authority to amend
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(a) A corporation may amend its articles of incorporation at any time to add or change a provision that is required or permitted in the articles of incorporation or to delete a provision not required in the articles of incorporation. Whether a provision is required or permitted i…
Ark. Code Ann. § 4-27-1002 Amendment by board of directors
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(1) Unless the articles of incorporation provide otherwise, a corporation's board of directors may adopt one (1) or more amendments to the corporation's articles of incorporation without shareholder action:(1) to extend the duration of the corporation if it was incorporated at a …
Ark. Code Ann. § 4-27-1003 Amendment by board of directors and shareholders
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(a) A corporation's board of directors may propose one (1) or more amendments to the articles of incorporation for submission to the shareholders. (b) For the amendment to be adopted:(1) the board of directors must recommend the amendment to the shareholders unless the board of d…
Ark. Code Ann. § 4-27-1004 Voting on amendments by voting groups
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(a) The holders of the outstanding shares of a class are entitled to vote as a separate voting group (if shareholder voting is otherwise required by this chapter) on a proposed amendment if the amendment would:(1) increase or decrease the aggregate number of authorized shares of …