Arkansas Statutes
§ 23-69-147 — Acquiring and acquired corporations under plan of exchange to be separate
Arkansas § 23-69-147
JurisdictionArkansas
Title23
This text of Arkansas § 23-69-147 (Acquiring and acquired corporations under plan of exchange to be separate) 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. § 23-69-147 (2026).
Text
The domestic stock insurance company acquired under a plan of exchange and the acquiring person are, in all respects, separate and distinct entities with neither entity having any liability to the creditors or policyholders, if any, or shareholders of the other, for any acts or omissions of the officers, directors, shareholders, or representatives of either or both entities.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Acts 1971, No. 301, § 6; 1979, No. 942, § 13; A.S.A. 1947, § 66-4248.2.
Nearby Sections
15
§ 23-1-101
Definitions§ 23-1-103
Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
Penalties cumulative - Recovery of penalty not bar to further penalty or criminal prosecution§ 23-1-108
Jurisdiction and venue of actions§ 23-1-110
Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
Citizens band radio equipmentCite This Page — Counsel Stack
Bluebook (online)
Arkansas § 23-69-147, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-69-147.