Ark. Code Ann. § 4-27-726: Action by single and multiple voting groups.
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 7 — Shareholders
- Part B: Voting
(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 two (2) or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in § 4-27-725. Action may be taken by one (1) voting group on a matter even though no action is taken by another voting group entitled to vote on the matter.
Collected 2026-09-17T21:07:03Z. Source file · JSON