§ 4-28-221 — Admission of foreign corporation

(a) Prior to conducting affairs in this state, a foreign corporation shall first procure a certificate of authority from the Secretary of State. (b) Application for the certificate of authority shall contain the following information: (1) The name of the corporation and the state or country under the laws of which it is incorporated; (2) The date of incorporation and the period of duration of the corporation; (3) The address of its principal office or place of business; (4) The name and address of its proposed registered agent for service of process in this state; (5) Such additional information as may be necessary or appropriate in order to enable the Secretary of State to determine whether that corporation is entitled to a certificate of authority to conduct affairs in this state; and (6) The purpose or purposes of the corporation which it proposes to pursue in this state. (c) A foreign corporation upon receiving a certificate of authority under the Arkansas Nonprofit Corporation Act, §§ 4-28-201 - 4-28-206 and 4-28-209 - 4-28-224 , shall enjoy the same, but no greater, rights and privileges as a domestic corporation subject to the provisions of the Arkansas Nonprofit Corporation Act, §§ 4-28-201 - 4-28-206 and 4-28-209 - 4-28-224 , and shall be subject to the same duties, restrictions, penalties, and liabilities now or hereafter imposed upon a domestic corporation of like character.

Legislative History

Acts 1963, No. 176, § 19; A.S.A. 1947, § 64-1919.