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Current as of March 28, 2024 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Arkansas Code Title 4. Business and Commercial Law § 4-27-1804. Effect of share exchange - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-4-business-and-commercial-law/ar-code-sect-4-27-1804/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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