Public-domain · open source
OpenJurist

Ark. Code Ann. § 4-33-1007

Amendment pursuant to judicial reorganization

Known as the Arkansas Nonprofit Corporation Act

The act spans §§ 4–4 (189 sections).

Acts 1993, No. 1147, § 1007.

(1) A corporation's articles may be amended without board approval or approval by the members or approval required pursuant to § 4-33-1030 to carry out a plan of reorganization ordered or decreed by a court of competent jurisdiction under federal statute if the articles after amendment contain only provisions required or permitted by § 4-33-202.

(2) The individual or individuals designated by the court shall deliver to the Secretary of State articles of amendment setting forth: the name of the corporation;

(3) the text of each amendment approved by the court;

(4) the date of the court's order or decree approving the articles of amendment;

(5) the title of the reorganization proceeding in which the order or decree was entered; and

(6) a statement that the court had jurisdiction of the proceeding under federal statute.

(7) This section does not apply after entry of a final decree in the reorganization proceeding even though the court retains jurisdiction of the proceeding for limited purposes unrelated to consummation of the reorganization plan.

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.