Arkansas Statutes

§ 4-27-1804 — Effect of share exchange

Arkansas·Title 4

When a share exchange takes effect, the shares of each acquired corporation are exchanged as provided in the plan and the former holders of the shares are entitled only to:

(1)The exchange rights provided in the articles of share exchange; or (2) The rights of the former holders of the shares under § 4-27-1301 et seq.

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Legislative History

Acts 2009, No. 408, § 4.

Nearby Sections

15
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