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Section 4-27-1320 - Notice of dissenters' rights — Arkansas Law | CourtGPT
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  2. Laws/
  3. Arkansas/
  4. Title 4 - Business and Commercial Law (§§ 4-1-101 — 4-119-105)/
  5. Subtitle 3 - Corporations and Associations/
  6. Chapter 27 - Business Corporation Act of 1987 Sub/
  7. Subchapter 13 - Dissenters' Rights/
  8. Part B - Procedure for Exercise of Dissenters' Rights/
  9. Section 4-27-1320 - Notice of dissenters' rights
Arkansas Legal Code

Section 4-27-1320 - Notice of dissenters' rights

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(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.Acts 1987, No. 958, § 64-1304.