Public-domain · open source
OpenJurist

Ark. Code Ann. § 4-26-710

Action by shareholders without a meeting

Known as the Arkansas Business Corporation Act

The act spans §§ 4–4 (323 sections).

Acts 1965, No. 576, § 35.1; A.S.A. 1947, § 64-220.

(1) Any action required by this chapter to be taken at a meeting of the shareholders of a corporation or any action which may be taken at a meeting of the shareholders may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by all of the shareholders entitled to vote with respect to the subject matter thereof.

(2) The consent shall have the same force and effect as a unanimous vote of shareholders and may be stated as such in any articles or document filed with the Secretary of State under this chapter.

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.