Ark. Const. art. 12, § 8
- Constitution
- Constitution of Arkansas
- Text as of
- October 2026
What does this section say?
No private corporation shall issue stocks or bonds, except for money or property actually received, or labor done; and all fictitious increase of stock or indebtedness shall be void; nor shall the stock or bonded indebtedness of any private corporation be increased, except in pursuance of general laws; nor until the consent of the persons holding the larger amount, in value, of stock, shall be obtained at a meeting held after notice given, for a period not less than sixty days, in pursuance of law.
The text is copied from the official source: www.sos.arkansas.gov. This is the stored text for research. It is not legal advice; check the official source before you rely on it.