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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2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or amended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. § 4-27-1324: Share restrictions.

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Where this section sits in the code
  1. Title 4 Business and Commercial Law
  2. Subtitle 3. Corporations and Associations
  3. Chapter 27 Business Corporation Act of 1987
  4. Subchapter 13 — Dissenters' Rights
  5. Part B: Procedure for Exercise of Dissenters' Rights

(a) The corporation may restrict the transfer of uncertificated shares from the date the demand for their payment is received until the proposed corporate action is taken or the restrictions released under § 4-27-1326.

(b) The person for whom dissenters' rights are asserted as to uncertificated shares retains all other rights of a shareholder until these rights are cancelled or modified by the taking of the proposed corporate action.

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

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