{"data":{"id":"us-ar/ark.-code-ann.-4-27-1022","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-27-1022","heading":"Bylaw increasing quorum or voting requirement for directors.","body":"(a) A bylaw that fixes a greater quorum or voting requirement for the board of directors may be amended or repealed:\n(1) if originally adopted by the shareholders, only by the shareholders;\n(2) if originally adopted by the board of directors, either by the shareholders or by the board of directors.\n(b) A bylaw adopted or amended by the shareholders that fixes a greater quorum or voting requirement for the board of directors may provide that it may be amended or repealed only by a specified vote of either the shareholders or the board of directors.\n(c) Action by the board of directors under subdivision (a)(2) of this section to adopt or amend a bylaw that changes the quorum or voting requirement for the board of directors must meet the same quorum requirement and be adopted by the same vote required to take action under the quorum and voting requirement then in effect or proposed to be adopted, whichever is greater.","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2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or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":"0dc4eed63a80b07c2e4d92075fd3156c02e6894ca6288feba98e0e472dec4216","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-27-1021","next":"us-ar/ark.-code-ann.-4-27-1301"},"notice":"GroundRules: Original legal text. Not legal advice."}