(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.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 27 - Business Corporation Act of 1987
Subchapter 13 - Dissenters' Rights
Part B - : Procedure for Exercise of Dissenters' Rights
§ 4-27-1320. Notice of dissenters' rights
§ 4-27-1321. Notice of intent to demand payment
§ 4-27-1322. Dissenters' notice
§ 4-27-1323. Duty to demand payment
§ 4-27-1324. Share restrictions
§ 4-27-1326. Failure to take action
§ 4-27-1327. After-acquired shares
§ 4-27-1328. Procedure if shareholder dissatisfied with payment or offer