Arkansas § 4-33-1007 Amendment pursuant to judicial reorganization

Arkansas Statutes

§ 4-33-1007 — Amendment pursuant to judicial reorganization

(a)A corporation's articles may be amended without board approval or approval by the members or approval required pursuant to § 4-33-1030 to carry out a plan of reorganization ordered or decreed by a court of competent jurisdiction under federal statute if the articles after amendment contain only provisions required or permitted by § 4-33-202 .

(b)The individual or individuals designated by the court shall deliver to the Secretary of State articles of amendment setting forth:

(1)the name of the corporation;

(2)the text of each amendment approved by the court;

(3)the date of the court's order or decree approving the articles of amendment;

(4)the title of the reorganization proceeding in which the order or decree was entered; and (5) a statement that the court had jurisdiction of the

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(a) A corporation's articles may be amended without board approval or approval by the members or approval required pursuant to § 4-33-1030 to carry out a plan of reorganization ordered or decreed by a court of competent jurisdiction under federal statute if the articles after amendment contain only provisions required or permitted by § 4-33-202 . (b) The individual or individuals designated by the court shall deliver to the Secretary of State articles of amendment setting forth: (1) the name of the corporation; (2) the text of each amendment approved by the court; (3) the date of the court's order or decree approving the articles of amendment; (4) the title of the reorganization proceeding in which the order or decree was entered; and (5) a statement that the court had jurisdiction of the proceeding under federal statute. (c) This section does not apply after entry of a final decree in the reorganization proceeding even though the court retains jurisdiction of the proceeding for limited purposes unrelated to consummation of the reorganization plan.

Arkansas § 4-33-1007 (Amendment pursuant to judicial reorganization) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.