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Arkansas Code Title 4. Business and Commercial Law § 4-28-221. Foreign corporations

Current as of March 28, 2024 | Updated by FindLaw Staff

(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.

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Cite this article: FindLaw.com - Arkansas Code Title 4. Business and Commercial Law § 4-28-221. Foreign corporations - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-4-business-and-commercial-law/ar-code-sect-4-28-221.html

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