{"data":{"id":"us-ar/ark.-code-ann.-23-69-147","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 23-69-147","heading":"Acquiring and acquired corporations under plan of exchange to be separate","body":"The domestic stock insurance company acquired under a plan of exchange and the acquiring person are, in all respects, separate and distinct entities with neither entity having any liability to the creditors or policyholders, if any, or shareholders of the other, for any acts or omissions of the officers, directors, shareholders, or representatives of either or both entities.","path":["AR Code","Title 23","Chapter 69","Subchapter 1"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"878d28092b1f5843c1f4ccf04a640aa2e93e108c1c829b298afeeee2fc215b74","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-23-69-146","next":"us-ar/ark.-code-ann.-23-69-148"},"notice":"GroundRules: Original legal text. Not legal advice."}