Public-domain · open source
OpenJurist

Ark. Code Ann. § 4-33-1420

Grounds for administrative dissolution

Known as the Arkansas Nonprofit Corporation Act

The act spans §§ 4–4 (189 sections).

Acts 1993, No. 1147, § 1420; 2007, No. 569, § 2; 2007, No. 638, § 45.

The Secretary of State may commence a proceeding under § 4-33-1421 to administratively dissolve a corporation if:

(1) the corporation does not pay within sixty (60) days after they are due any taxes or penalties imposed by this chapter;

(2) the corporation is without a registered agent in this state for one hundred twenty (120) days or more;

(3) the corporation does not notify the Secretary of State within one hundred twenty (120) days that its registered agent has been changed or has resigned;

(4) the corporation's period of duration, if any, stated in its articles of incorporation expires; or

(5) the corporation does not file the annual disclosure statement required under § 4-33-131 within sixty (60) days after it is due.

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.