Arkansas Code
Chapter 26 - Business Corporations Generally
Subchapter 6 - Corporate Finance

§ 4-26-601. Authorized shares generally — Preferred or special classes - (a) Each corporation shall have power to create and issue...

§ 4-26-602. Shares of preferred or special classes — Issuance in series - (a) If the articles of incorporation so provide, the shares...

§ 4-26-603. Subscriptions for shares - (a) No preincorporation or postincorporation subscription is valid unless in...

§ 4-26-604. Consideration for shares generally - (a) Shares having a par value may be issued for...

§ 4-26-605. Payment for shares - (a) (1) The consideration paid for the issuance of shares...

§ 4-26-606. Payment of expenses of organization, reorganization, financing, etc - The reasonable charges and expenses of organization or reorganization of...

§ 4-26-607. Stated capital — Capital surplus — Earned surplus - (a) In case of the issuance by a corporation of...

§ 4-26-608. Signed certificates representing shares - (a) (1) The shares of a corporation shall be represented...

§ 4-26-609. Issuance of fractional shares or scrip - (a) A corporation may, but shall not be obliged to,...

§ 4-26-610. Restrictions on transfer of shares - (a) (1) A corporation may provide, in respect to any...

§ 4-26-611. Acquisition or disposition of corporation's own shares - (a) A corporation shall not purchase directly or indirectly any...

§ 4-26-612. Treasury shares — Cancellation - (a) A corporation may at any time, by resolution of...

§ 4-26-613. Redeemable shares — Restrictions on redemption or purchase - A corporation shall not redeem its shares, or purchase its...

§ 4-26-614. Redeemable shares — Cancellation by redemption or purchase - (a) When redeemable shares of a corporation are redeemed or...

§ 4-26-615. Reduction of stated capital - (a) If all or part of the stated capital of...

§ 4-26-616. Surplus, net profits, and valuation of assets - (a) (1) “Earned surplus” or “retained earnings” means the portion...

§ 4-26-617. Dividends — General powers of board - The board of directors may from time to time declare,...

§ 4-26-618. Share dividends - (a) Subject to the restrictions provided in this subsection, the...

§ 4-26-619. Dividends other than in shares of the corporation - In respect to all dividends payable by a corporation other...

§ 4-26-620. Distributions in partial liquidation - The board of directors of a corporation may from time...

§ 4-26-621. Contractual restriction on dividends - Nothing in this chapter shall impair the right of a...