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2017 Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 27 - Business Corporation Act of 1987
Subchapter 15 - Foreign Corporations
Part C: Revocation of Certificate of Authority
§ 4-27-1530. Grounds for revocation
Universal Citation: AR Code § 4-27-1530 (2017)
- The Secretary of State may commence a proceeding under § 4-27-1531 to revoke the certificate of authority of a foreign corporation authorized to transact business in this state if:
- (1) the foreign corporation does not deliver its annual franchise tax report to the Secretary of State within sixty (60) days after it is due;
- (2) the foreign corporation does not pay within sixty (60) days after they are due any franchise taxes or penalties imposed by this chapter or other law;
- (3) the foreign corporation is without a registered agent in this state for sixty (60) days or more;
- (4) the foreign corporation does not file an appropriate notice with the Secretary of State within sixty (60) days of the change or resignation of the foreign corporation's registered agent;
- (5) an incorporator, director, officer, or agent of the foreign corporation signed a document he or she knew was false in any material respect with intent that the document be delivered to the Secretary of State for filing;
- (6) the Secretary of State receives a duly authenticated certificate from the Secretary of State or other official having custody of corporate records in the state or country under whose law the foreign corporation is incorporated stating that it has been dissolved or disappeared as the result of a merger.
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