Arkansas Statutes
§ 4-26-1109 — Deposit with Treasurer of State of amount due certain creditors or shareholders
Arkansas·Title 4
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 or her legal representative upon proof satisfactory to the Treasurer of State of his or her right thereto.
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Arkansas § 4-26-1109 (Deposit with Treasurer of State of amount due certain creditors or shareholders) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1965, No. 576, § 91; A.S.A. 1947, § 64-909.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of subtitle§ 4-1-104
Construction against implicit repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - Gender§ 4-1-107
Section captions§ 4-1-201
General definitions§ 4-1-202
Notice - Knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - Seasonableness§ 4-1-206
Presumptions