{"data":{"id":"us-ar/ark.-code-ann.-4-33-1022","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-33-1022","heading":"Class voting by members on amendments.","body":"(a) The members of a class in a public benefit corporation are entitled to vote as a class on a proposed amendment to the bylaws if the amendment would change the rights of that class as to voting in a manner different than such amendment affects another class or members of another class.\n(b) The members of a class in a mutual benefit corporation are entitled to vote as a class on a proposed amendment to the bylaws if the amendment would:\n(1) affect the rights, privileges, preferences, restrictions or conditions of that class as to voting, dissolution, redemption or transfer of memberships in a manner different than such amendment would affect another class;\n(2) change the rights, privileges, preferences, restrictions or conditions of that class as to voting, dissolution, redemption or transfer by changing the rights, privileges, preferences, restrictions or conditions of another class;\n(3) increase or decrease the number of memberships authorized for that class;\n(4) increase the number of memberships authorized for another class;\n(5) effect an exchange, reclassification or termination of all or part of the memberships of that class; or\n(6) authorize a new class of memberships.\n(c) The members of a class of a religious corporation are entitled to vote as a class on a proposed amendment to the bylaws only if a class vote is provided for in the articles or bylaws.\n(d) If a class is to be divided into two (2) or more classes as a result of an amendment to the bylaws, the amendment must be approved by the members of each class that would be created by the amendment; and\n(e) If a class vote is required to approve an amendment to the bylaws, the amendment must be approved by the members of the class by two-thirds (2/3) of the votes cast by the class or a majority of the voting power of the class, whichever is less.\n(f) A class of members is entitled to the voting rights granted by this section although the articles and bylaws provide that the class may not vote on the proposed amendment.","path":["Title 4 Business and Commercial Law","Subtitle 3. Corporations and Associations","Chapter 33 The Arkansas Nonprofit Corporation Act of 1993","Subchapter 10 — Amendment of Articles of Incorporation and Bylaws","Part B — Bylaws"],"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":"0535f8e0c41b8956ce5903a5e1d70e739df74a6b64ca99c747783d9bd5e98ccf","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-33-1021","next":"us-ar/ark.-code-ann.-4-33-1030"},"notice":"GroundRules: Original legal text. Not legal advice."}