06 14 OPTIONAL PROVISION: PROHIBITION AGAINST REISSUING TREASURY SHARES
| Jurisdiction | Arkansas |
| Library | Arkansas Form Book - Complete (2023 Ed.) |
06-14 OPTIONAL PROVISION: PROHIBITION AGAINST REISSUING TREASURY SHARES
The board of directors shall not reissue shares acquired by the corporation in any manner. Upon the acquisition of issued shares, the number of authorized shares of the corporation shall be reduced by the number of shares acquired, effective upon amendment of the Articles of Incorporation. The board of directors may adopt articles of amendment under...
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