{"data":{"id":"us-ar/ark.-code-ann.-4-27-810","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-27-810","heading":"Vacancy on board.","body":"(a) Unless the articles of incorporation provide otherwise, if a vacancy occurs on a board of directors, including a vacancy resulting from an increase in the number of directors:\n(1) the shareholders may fill the vacancy;\n(2) the board of directors may fill the vacancy; or\n(3) if the directors remaining in office constitute fewer than a quorum of the board, they may fill the vacancy by the affirmative vote of a majority of all the directors remaining in office.\n(b) If the vacant office was held by a director elected by a voting group of shareholders, only the holders of shares of that voting group are entitled to vote to fill the vacancy if it is filled by the shareholders.\n(c) A vacancy that will occur at a specific later date (by reason of a resignation effective at a later date under § 4-27-807(b) or otherwise) may be filled before the vacancy occurs but the new director may not take office until the vacancy occurs.","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2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or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":"f6ea1757bd7545199994fd89caa7d0dd58f34f8b159a2c440a97f5f0249a6f23","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-27-809","next":"us-ar/ark.-code-ann.-4-27-811"},"notice":"GroundRules: Original legal text. Not legal advice."}