(a) Not less than ten (10) days' written notice of an annual meeting shall be given to each stockholder, other than stockholders who waive notice in writing, which notice shall be mailed by first-class mail, postage prepaid, and directed to the stockholder at his or her address shown on the stock records of the state bank.
(b)
(1) However, if it is proposed at an annual meeting to approve an amendment to the articles of incorporation, or to approve a merger, consolidation, conversion, corporate dissolution, or reorganization through a plan of exchange, the annual meeting will be regarded, so far as these special matters are concerned, as a special meeting.
(2) It shall not be lawful to submit the special matters at an annual meeting unless, in respect to the special matters, there shall have been a call of the meeting and written notice given all as required in § 23-48-318 concerning special meetings.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 2 - Financial Institutions And Securities
Chapter 48 - Organization and Operation
Subchapter 3 - Organization and Management Generally
§ 23-48-301. Application for incorporation
§ 23-48-302. Organizational expenses
§ 23-48-303. Promoter's fees prohibited
§ 23-48-304. Investigation of new charter applications by Bank Commissioner
§ 23-48-305. Issuance and filing of certificate of incorporation
§ 23-48-306. Relocation of place of business — Amendment of articles
§ 23-48-307. Objects and method of charter amendment
§ 23-48-308. Filing of amendments to articles of incorporation
§ 23-48-309. Names of state banks and subsidiary trust companies
§ 23-48-310. Minimum capital requirements generally
§ 23-48-311. Increase or decrease of capital stock
§ 23-48-312. Liability of shareholders — Assessment of stock
§ 23-48-313. Classes of stock — Fractional shares — Scrip
§ 23-48-314. Preemptive rights of stockholders
§ 23-48-315. Issuance and sale of capital notes and other subordinated indebtedness
§ 23-48-316. Transfer of stock
§ 23-48-317. Change in control
§ 23-48-318. Stockholder meetings — Notice of special meeting
§ 23-48-319. Stockholder meetings — Notice of annual meeting
§ 23-48-320. Stockholder meetings — Quorum — Voting
§ 23-48-321. Closing transfer books — Fixing record date
§ 23-48-322. Board of directors — Standard of conduct
§ 23-48-323. Officers — Selection — Terms — Bonds
§ 23-48-324. Officers — Taking acknowledgments
§ 23-48-326. Application of Arkansas Business Corporation Act
§ 23-48-327. Registered office and registered agent for service of process