(a) If authorized by the articles of incorporation, the shareholders may adopt or amend a bylaw that fixes a greater quorum or voting requirement for shareholders (or voting groups of shareholders) than is required by this chapter. The adoption or amendment of a bylaw that adds, changes, or deletes a greater quorum or voting requirement for shareholders must meet the same quorum requirement and be adopted by the same vote and voting groups required to take action under the quorum and voting requirement then in effect or proposed to be adopted, whichever is greater.
(b) A bylaw that fixes a greater quorum or voting requirement for shareholders under subsection (a) of this section may not be adopted, amended, or repealed by the board of directors.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 27 - Business Corporation Act of 1987
Subchapter 10 - Amendment of Articles of Incorporation and Bylaws
Part B - : Amendment of Bylaws
§ 4-27-1020. Amendment of the bylaws by board of directors or shareholders
§ 4-27-1021. Bylaw increasing quorum or voting requirement for shareholders
§ 4-27-1022. Bylaw increasing quorum or voting requirement for directors