Arkansas Code § 26-54-111

Charter revocation for failure to pay tax - Procedure
Open in Lexace · Ask the AI about this section
(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. 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.
(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. 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.
(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. 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.
(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.
(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.
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.

‹ Prev All Arkansas sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.