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Arkansas Code Title 4. Business and Commercial Law § 4-33-1420. Grounds for administrative dissolution

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

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.

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Cite this article: FindLaw.com - Arkansas Code Title 4. Business and Commercial Law § 4-33-1420. Grounds for administrative dissolution - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-4-business-and-commercial-law/ar-code-sect-4-33-1420/

Read this complete Arkansas Code Title 4. Business and Commercial Law § 4-33-1420. Grounds for administrative dissolution on Westlaw. Westlaw subscription required.

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