2012 Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations And Associations
Chapter 26 - Business Corporations Generally
Subchapter 11 - -- Dissolution and Liquidation
§ 4-26-1109 - Deposit with Treasurer of State of amount due certain creditors or shareholders.
Upon the liquidation of a corporation, whether before or after dissolution, the portion of the assets distributable to a creditor or shareholder who is unknown or cannot be found or who is under disability, and there is no person legally competent to receive such distributive portion, shall be reduced to cash and deposited with the Treasurer of State and shall be paid over to the creditor or shareholder or to his legal representative upon proof satisfactory to the Treasurer of State of his right thereto.
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