Nothing in this chapter shall impair the right of a corporation to restrict, through a valid loan agreement, the payment of dividends or the making of distributions in partial liquidation.
Ark. Code Ann. § 4-26-621
Contractual restriction on dividends
Known as the Arkansas Business Corporation Act
The act spans §§ 4–4 (323 sections).
Acts 1965, No. 576, § 47; A.S.A. 1947, § 64-404.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.