{"data":{"id":"us-ar/ark.-code-ann.-4-27-1303","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-27-1303","heading":"Dissent by nominees and beneficial owners.","body":"(a) A record shareholder may assert dissenters' rights as to fewer than all the shares registered in his name only if he dissents with respect to all shares beneficially owned by any one (1) person and notifies the corporation in writing of the name and address of each person on whose behalf he asserts dissenters' rights. The rights of a partial dissenter under this subsection are determined as if the shares as to which he dissents and his other shares were registered in the names of different shareholders.\n(b) A beneficial shareholder may assert dissenters' rights as to shares held on his behalf only if:\n(1) he submits to the corporation the record shareholder's written consent to the dissent not later than the time the beneficial shareholder asserts dissenters' rights; and\n(2) he does so with respect to all shares of which he is the beneficial shareholder or over which he has power to direct the vote.","path":["Title 4 Business and Commercial Law","Subtitle 3. Corporations and Associations","Chapter 27 Business Corporation Act of 1987","Subchapter 13 — Dissenters' Rights","Part A: Right to Dissent and Obtain Payment for Shares"],"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2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or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":"1e24912a362e3b6a6330ed3da8412b0bf5bfe02b6a369fedc0e2f96c8b12cf73","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-27-1302","next":"us-ar/ark.-code-ann.-4-27-1320"},"notice":"GroundRules: Original legal text. Not legal advice."}