Arkansas Statutes

§ 4-26-617 — Dividends - General powers of board

Arkansas § 4-26-617

This text of Arkansas § 4-26-617 (Dividends - General powers of board) 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. § 4-26-617 (2026).

Text

The board of directors may from time to time declare, and the corporation may pay, dividends on its outstanding shares, which dividends may be payable in cash or property or may be payable in the shares of the corporation. However, the declaration and payment of all dividends shall be subject to the provisions and restrictions contained in §§ 4-26-618 and 4-26-619 .

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Legislative History

Acts 1965, No. 576, § 45; A.S.A. 1947, § 64-402.

Nearby Sections

15
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Bluebook (online)
Arkansas § 4-26-617, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/4-26-617.