{"data":{"id":"us-ar/ark.-code-ann.-4-27-1321","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-27-1321","heading":"Notice of intent to demand payment.","body":"(a) If proposed corporate action creating dissenters' rights under § 4-27-1302 is submitted to a vote at a shareholders' meeting, a shareholder who wishes to assert dissenters' rights (1) must deliver to the corporation before the vote is taken written notice of his intent to demand payment for his shares if the proposed action is effectuated and (2) must not vote his shares in favor of the proposed action.\n(b) A shareholder who does not satisfy the requirements of subsection (a) of this section is not entitled to payment for his shares under this subchapter.","path":["Title 4 Business and Commercial Law","Subtitle 3. Corporations and Associations","Chapter 27 Business Corporation Act of 1987","Subchapter 13 — Dissenters' Rights","Part B: Procedure for Exercise of Dissenters' Rights"],"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2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or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":"340fa1aa61ed8404458a266bc70b0dc2f2a34acb586462b52a864e8e1d343324","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-27-1320","next":"us-ar/ark.-code-ann.-4-27-1322"},"notice":"GroundRules: Original legal text. Not legal advice."}