{"data":{"id":"us-ar/ark.-code-ann.-4-27-804","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-27-804","heading":"Election of directors by certain classes of shareholders.","body":"If the articles of incorporation authorize dividing the shares into classes, the articles may also authorize the election of all or a specified number of directors by the holders of one (1) or more authorized classes of shares. A class (or classes) of shares entitled to elect one (1) or more directors is a separate voting group for purposes of the election of directors.","path":["Title 4 Business and Commercial Law","Subtitle 3. Corporations and Associations","Chapter 27 Business Corporation Act of 1987","Subchapter 8 — Directors — Officers — Meetings — Standards of Conduct — Indemnification","Part A: Board of Directors"],"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2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or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":"40aed298cc001a8b4444cd6ef9e37cf25aa6725f7563269597858e4164ad19b2","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-27-803","next":"us-ar/ark.-code-ann.-4-27-805"},"notice":"GroundRules: Original legal text. Not legal advice."}