{"data":{"id":"us-ar/ark.-code-ann.-4-27-1020","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-27-1020","heading":"Amendment of the bylaws by board of directors or shareholders.","body":"(a) A corporation's board of directors may amend or repeal the corporation's bylaws unless:\n(1) the articles of incorporation or this chapter reserve this power exclusively to the shareholders in whole or part; or\n(2) the shareholders in amending or repealing a particular bylaw provide expressly that the board of directors may not amend or repeal that bylaw.\n(b) A corporation's shareholders may amend or repeal the corporation's bylaws even though the bylaws may also be amended or repealed by its board of directors.","path":["Title 4 Business and Commercial Law","Subtitle 3.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 B: Amendment of Bylaws"],"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2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or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":"d22aaad406527218556f95bdf587c25b4cb783c6dd671e1f89643f17522a0528","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-27-1009","next":"us-ar/ark.-code-ann.-4-27-1021"},"notice":"GroundRules: Original legal text. Not legal advice."}