Arkansas Statutes

§ 4-26-807 — Action of board with or without meeting

Arkansas § 4-26-807

This text of Arkansas § 4-26-807 (Action of board with or without meeting) 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. § 4-26-807 (2026).

Text

(a)The act of the majority of the directors present at a meeting at which a quorum is present shall be the act of the board of directors unless the act of a greater number is required by the articles of incorporation or the bylaws.
(b)Where the articles of incorporation or bylaws expressly permit such procedure, an action taken by a majority of the directors without a meeting in respect to any corporate matter is nevertheless a valid board action if either before or after the action is taken, all members of the board sign and file with the secretary for inclusion in the corporate minute book a memorandum showing the nature of the action taken, showing that each member of the board consented to the board acting informally in respect to the matter, and showing the names of the directors wh

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Legislative History

Acts 1965, No. 576, § 40; A.S.A. 1947, § 64-305.

Nearby Sections

15
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Bluebook (online)
Arkansas § 4-26-807, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/4-26-807.