Arkansas Code § 4-33-1420 - Grounds for Administrative Dissolution

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.

Section: 4-33-1421  4-33-1422  4-33-1423    Next

Last modified: November 15, 2016