{"data":{"id":"us-ar/ark.-code-ann.-4-27-1008","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-27-1008","heading":"Amendment pursuant to reorganization.","body":"(a) A corporation's articles of incorporation may be amended without action by the board of directors or shareholders to carry out a plan of reorganization ordered or decreed by a court of competent jurisdiction under federal statute if the articles of incorporation after amendment contain only provisions required or permitted by § 4-27-202.\n(b) The individual or individuals designated by the court shall deliver to the Secretary of State for filing articles of amendment setting forth:\n(1) the name of the corporation;\n(2) the text of each amendment approved by the court;\n(3) the date of the court's order or decree approving the articles of amendment;\n(4) the title of the reorganization proceeding in which the order or decree was entered; and\n(5) a statement that the court had jurisdiction of the proceeding under federal statute.\n(c) Shareholders of a corporation undergoing reorganization do not have dissenters' rights except as and to the extent provided in the reorganization plan.\n(d) This section does not apply after entry of a final decree in the reorganization proceeding even though the court retains jurisdiction of the proceeding for limited purposes unrelated to consummation of the reorganization plan.","path":["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 A: Amendment of Articles of Incorporation"],"source_url":"https://archive.org/download/gov.ar.code/release78.2020.11.06/gov.ar.code.title.04.odt","current_through":"2020-11-06","vintage":"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2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or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","retrieved_at":"2026-09-17T21:07:03Z","sha256":"86fa66cfd5bfa561c4da24a6d7356fed7804729bcefa847ab775a97438526a29","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-27-1007","next":"us-ar/ark.-code-ann.-4-27-1009"},"notice":"GroundRules: Original legal text. Not legal advice."}