Ark. Code R. 26-51-412 - 2(c) (1997) - Stock or Securities Received in a Reorganization

26-51-412 - 2(c) - Stock or Securities Received in a Reorganization26-51-412 - 2(c) - Stock or Securities Received in a Reorganization

26-51-412 - 2(a) - Exchange of Property for Property Not of Like Kind 26-51-412 - 3(a) - Dividends Paid in Securities or Other Property

No gain or loss shall be recognized if:

a) pursuant to a reorganization plan, stock or securities in a corporation are exchanged solely for stock or securities in the same corporation or in another party to the reorganization; or

b) pursuant to a reorganization plan, a party to a reorganization exchanges property solely for stock or securities in another party to the reorganization.

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