Arkansas Statutes

§ 4-27-1420 — Grounds for administrative dissolution

Arkansas·Title 4

The Secretary of State may commence a proceeding under § 4-27-1421 to administratively dissolve a corporation if:

(1)the corporation does not pay within sixty (60) days after they are due any franchise taxes or penalties imposed by this chapter or other law;
(2)the corporation does not deliver its annual franchise tax report to the Secretary of State within sixty (60) days after it is due;
(3)the corporation is without a registered agent in this state for sixty (60) days or more;
(4)the corporation does not notify the Secretary of State within sixty (60) days that its registered agent has been changed or has resigned; or (5) the corporation's period of duration stated in its articles of incorporation expires.

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Related

Gibson v. Dennis (In Re Russell)
123 B.R. 48 (W.D. Arkansas, 1990)
7 case citations
Bullington v. Palangio
45 S.W.3d 834 (Supreme Court of Arkansas, 2001)
5 case citations

Legislative History

Amended by Act 2021, No. 523,§ 6, eff. 4/1/2021. Amended by Act 2019, No. 819,§ 7, eff. 5/1/2021. Acts 1987, No. 958, § 64-1408; 2007, No. 638, § 15.

Nearby Sections

15
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