It is the intent of the legislature that the legal existence of limited liability companies organized under this chapter be recognized outside the boundaries of this state and that, subject to any reasonable requirement of registration, a domestic limited liability company transacting business outside this state be granted full faith and credit under the United States Constitution, Article IV, § 1.
Ark. Code Ann. § 4-32-1315
Full faith and credit
Known as the Small Business Entity Tax Pass Through Act
The act spans §§ 4–4 (91 sections).
Acts 1993, No. 1003, § 1315.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.