Arkansas Statutes

§ 4-26-621 — Contractual restriction on dividends

Arkansas·Title 4
Nothing in this chapter shall impair the right of a corporation to restrict, through a valid loan agreement, the payment of dividends or the making of distributions in partial liquidation.

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Legislative History

Acts 1965, No. 576, § 47; A.S.A. 1947, § 64-404.

Nearby Sections

15
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