Arkansas Code § 4-27-1320 - Notice of Dissenters' Rights

(a) If proposed corporate action creating dissenters' rights under § 4-27-1302 is submitted to a vote at a shareholders' meeting, the meeting notice must state that shareholders are or may be entitled to assert dissenters' rights under this chapter and be accompanied by a copy of this chapter.

(b) If corporate action creating dissenters' rights under § 4-27-1302 is taken without a vote of shareholders, the corporation shall notify in writing all shareholders entitled to assert dissenters' rights that the action was taken and send them the dissenters' notice described in § 4-27-1322.

Section: 4-27-1321  4-27-1322  4-27-1323  4-27-1324  4-27-1325  4-27-1326  4-27-1327  4-27-1328    Next

Last modified: November 15, 2016