The fact that a shareholder may have, under this chapter, a potential right of dissent and appraisal in respect to any corporate action will not impair his or her right to challenge the legality of the corporate action and sue to enjoin the action or enforce any other legal remedy in connection therewith, provided the shareholder is guilty of no laches and acts with great promptitude before the rights of third parties have intervened.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 26 - Business Corporations Generally
§ 4-26-701. Shareholders' meetings generally
§ 4-26-702. Closing of transfer books and fixing record date
§ 4-26-703. Shareholders' meetings — Notice — Special meetings
§ 4-26-704. Shareholders' meetings — List of shareholders entitled to vote
§ 4-26-705. Shareholders' meetings — Quorum — Adjournment
§ 4-26-708. Voting of shares — Consent to corporate action
§ 4-26-709. Greater voting requirements
§ 4-26-710. Action by shareholders without a meeting
§ 4-26-712. Shares without preemptive rights — Corporate powers and limitations
§ 4-26-713. Right to dissent no bar to other legal actions
§ 4-26-714. Shareholders' actions