Arkansas Code § 4-27-1804 - Effect of Share Exchange

When a share exchange takes effect, the shares of each acquired corporation are exchanged as provided in the plan and the former holders of the shares are entitled only to:

(1) The exchange rights provided in the articles of share exchange; or

(2) The rights of the former holders of the shares under ยง 4-27-1301 et seq.

Section: Previous  4-27-1802  4-27-1803  4-27-1804  

Last modified: November 15, 2016