Arkansas § 26-54-111 Charter revocation for failure to pay tax - Procedure

Arkansas Statutes

§ 26-54-111 — Charter revocation for failure to pay tax - Procedure

Arkansas § 26-54-111

Title26

This text of Arkansas § 26-54-111 (Charter revocation for failure to pay tax - Procedure) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 26-54-111 (2026).

Text

(a)On or before January 31 of each year, the Secretary of State shall proclaim as revoked the corporate charters or authorities of all corporations, both domestic and foreign, that according to the Secretary of State's records are delinquent in the payment of the annual franchise tax for a prior year.

(b)(1) A copy of the proclamation under subsection (a) of this section, or applicable portion thereof, shall be furnished to each other official or agency of the state that is authorized to issue corporation charters or authorities.

(2)Upon their receipt of the proclamation, the several officials shall at once correct their respective records in accordance with the proclamation.

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(a) On or before January 31 of each year, the Secretary of State shall proclaim as revoked the corporate charters or authorities of all corporations, both domestic and foreign, that according to the Secretary of State's records are delinquent in the payment of the annual franchise tax for a prior year. (b) (1) A copy of the proclamation under subsection (a) of this section, or applicable portion thereof, shall be furnished to each other official or agency of the state that is authorized to issue corporation charters or authorities. (2) Upon their receipt of the proclamation, the several officials shall at once correct their respective records in accordance with the proclamation.

Legislative History

Amended by Act 2023, No. 459,§ 9, eff. 8/1/2023. Amended by Act 2021, No. 523,§ 20, eff. 4/1/2021. Amended by Act 2019, No. 819,§ 22, eff. 5/1/2021. Amended by Act 2013, No. 1079,§ 1, eff. 8/16/2013. Acts 1979, No. 889, § 10; 1983, No. 828, § 1; A.S.A. 1947, § 84-1842; Acts 1987, No. 19, § 6; 1991, No. 1046, § 4; 1991, No. 1140, § 4.