GroundRules
Ark. Code Ann. § 4-27-804: Election of directors by certain classes of shareholders.
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 8 — Directors — Officers — Meetings — Standards of Conduct — Indemnification
- Part A: Board of Directors
If the articles of incorporation authorize dividing the shares into classes, the articles may also authorize the election of all or a specified number of directors by the holders of one (1) or more authorized classes of shares. A class (or classes) of shares entitled to elect one (1) or more directors is a separate voting group for purposes of the election of directors.
Collected 2026-09-17T21:07:03Z. Source file · JSON