Arkansas § 2-2-121 - Existing entities may participate.
Full text of Arkansas Arkansas Code of 1987 Annotated § 2-2-121 — Existing entities may participate., with citation guidance and answers to common questions.
§ 2-2-121. Existing entities may participate.
Any corporation or association organized under previously existing statutes for purposes authorized in this subchapter, which are otherwise eligible under the provisions of this subchapter, may be brought under the provisions of this subchapter by a majority vote of its stockholders or members. It shall make out in duplicate a statement signed and sworn to by the president or vice president and secretary to the effect that the corporation or association has decided, by a majority vote of its stockholders or members, to accept the benefits and be bound by the provisions of this subchapter. The statement shall be filed with the charter or articles of association. The charter or articles of association of the corporation or association shall be amended, if necessary, to comply with the provisions of this subchapter. The charter or articles of association shall be filed as required in this subchapter, except that they shall be signed by a majority of the members of the board of directors. The bylaws of the corporation or association shall also be amended, if necessary, to comply with the provisions of this subchapter. The filing fee for filing the statement and charter or articles of association shall be the same as for filing an amendment to the articles of association.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 2-2-121
What does Arkansas Code of 1987 Annotated § 2-2-121 cover?
Section 2-2-121 ("Existing entities may participate.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 2-2-121?
A common citation format is "Arkansas Code of 1987 Annotated § 2-2-121" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 2-2-121 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.