Arkansas Statutes

§ 23-11-310 — Articles of consolidation or purchase - Amount of capital stock

Arkansas § 23-11-310

This text of Arkansas § 23-11-310 (Articles of consolidation or purchase - Amount of capital stock) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ark. Code Ann. § 23-11-310 (2026).

Text

(a)Articles of consolidation or purchase shall be signed by a majority of the directors of the respective companies and shall be filed and recorded in the office of the Secretary of State.
(b)The articles of consolidation or purchase shall set forth the amount of the capital stock, the names of the officers of the companies thus formed, and all conditions, agreements, and stipulations in the premises.
(c)The amount of the capital stock of the company thus formed may be fixed at any amount not exceeding the aggregate sum authorized by the charter or articles of incorporation of the respective companies thus merging or amalgamating.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

Acts 1868, No. 71, § 43, p. 290; Act 4/29/1873, § 4 (not published); C. & M. Dig., § 8539; Pope's Dig., § 11115; A.S.A. 1947, § 73-417.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Arkansas § 23-11-310, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-11-310.