06 15 OPTIONAL PROVISION: ALLOWANCE OF ISSUING SHARES WITHOUT CERTIFICATES

JurisdictionArkansas
LibraryArkansas Form Book - Complete (2023 Ed.)

06-15 OPTIONAL PROVISION: ALLOWANCE OF ISSUING SHARES WITHOUT CERTIFICATES

The corporation, acting by and through its board of directors, may authorize the issuance of some or all of the shares of any, or all, of its classes or series of stock without certificates.

NOTE

See Ark. Code Ann. §§ 4-27-625 to -626. If a corporation issues shares without certificates, it is man...

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