The fact that a shareholder may have, under this chapter, a potential right of dissent and appraisal in respect to any corporate action will not impair his or her right to challenge the legality of the corporate action and sue to enjoin the action or enforce any other legal remedy in connection therewith, provided the shareholder is guilty of no laches and acts with great promptitude before the rights of third parties have intervened.
Ark. Code Ann. § 4-26-713
Right to dissent no bar to other legal actions
Known as the Arkansas Business Corporation Act
The act spans §§ 4–4 (323 sections).
Acts 1965, No. 576, § 82; A.S.A. 1947, § 64-224.
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.