{"data":{"id":"us-ar/ark.-code-ann.-4-27-1021","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-27-1021","heading":"Bylaw increasing quorum or voting requirement for shareholders.","body":"(a) If authorized by the articles of incorporation, the shareholders may adopt or amend a bylaw that fixes a greater quorum or voting requirement for shareholders (or voting groups of shareholders) than is required by this chapter. The adoption or amendment of a bylaw that adds, changes, or deletes a greater quorum or voting requirement for shareholders must meet the same quorum requirement and be adopted by the same vote and voting groups required to take action under the quorum and voting requirement then in effect or proposed to be adopted, whichever is greater.\n(b) A bylaw that fixes a greater quorum or voting requirement for shareholders under subsection (a) of this section may not be adopted, amended, or repealed by the board of directors.","path":["Title 4 Business and Commercial Law","Subtitle 3.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2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or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":"60e4de4bd072650a0ddbdd556c69ca8465deb1bb99baaa90047820dca209439e","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-27-1020","next":"us-ar/ark.-code-ann.-4-27-1022"},"notice":"GroundRules: Original legal text. Not legal advice."}
