{"data":{"id":"us-ar/ark.-code-ann.-4-27-1325","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-27-1325","heading":"Payment.","body":"(a) Except as provided in § 4-27-1327, as soon as the proposed corporate action is taken, or upon receipt of a payment demand, the corporation shall pay each dissenter who complied with § 4-27-1323 the amount the corporation estimates to be the fair value of his shares, plus accrued interest.\n(b) The payment must be accompanied by:\n(1) the corporation's balance sheet as of the end of a fiscal year ending not more than sixteen (16) months before the date of payment, an income statement for that year, a statement of changes in shareholders' equity for that year, and the latest available interim financial statements, if any;\n(2) a statement of the corporation's estimate of the fair value of the shares;\n(3) an explanation of how the interest was calculated;\n(4) a statement of the dissenter's right to demand payment under § 4-27-1328; and\n(5) a copy of 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2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or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":"ab15d6b863c162a59209283de3627191c9ef3d544d7143ffdbd3f6fc535ed725","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-27-1324","next":"us-ar/ark.-code-ann.-4-27-1326"},"notice":"GroundRules: Original legal text. Not legal advice."}