Arkansas · Snapshot Arkansas Code Release 78 (2020-11), retrieved 2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or amended

Ark. Code Ann. § 4-27-1020: Amendment of the bylaws by board of directors or shareholders.

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Where this section sits in the code

Title 4 Business and Commercial Law
Subtitle 3. Corporations and Associations
Chapter 27 Business Corporation Act of 1987
Subchapter 10 — Amendment of Articles of Incorporation and Bylaws
Part B: Amendment of Bylaws

(a) A corporation's board of directors may amend or repeal the corporation's bylaws unless:

(1) the articles of incorporation or this chapter reserve this power exclusively to the shareholders in whole or part; or

(2) the shareholders in amending or repealing a particular bylaw provide expressly that the board of directors may not amend or repeal that bylaw.

(b) A corporation's shareholders may amend or repeal the corporation's bylaws even though the bylaws may also be amended or repealed by its board of directors.

Collected 2026-09-17T21:07:03Z. Source file · JSON

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