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Arkansas Constitution, Article XII

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Article XII, Municipal And Private Corporations

12 sections · 0 paragraphs in this article.

All articles351 Art. I1 Art. amend-11 Art. II29 Art. amend-21 Art. III11 Art. amend-31 Art. IV2 Art. amend-41 Art. V35 Art. amend-51 Art. VI22 Art. amend-61 Art. VII52 Art. amend-71 Art. VIII4 Art. amend-81 Art. IX10 Art. amend-91 Art. X3 Art. amend-101 Art. XI4 Art. amend-111 Art. XII12 Art. amend-121 Art. XIII5 Art. amend-131 Art. XIV4 Art. amend-141 Art. XV3 Art. amend-151 Art. XVI11 Art. amend-161 Art. XVII13 Art. amend-171 Art. XVIII12 Art. amend-181 Art. XIX28 Art. amend-191 Art. amend-201 Art. amend-211 Art. amend-221 Art. amend-231 Art. amend-241 Art. amend-251 Art. amend-261 Art. amend-271 Art. amend-281 Art. amend-291 Art. amend-301 Art. amend-311 Art. amend-321 Art. amend-331 Art. amend-341 Art. amend-351 Art. amend-361 Art. amend-371 Art. amend-381 Art. amend-391 Art. amend-401 Art. amend-411 Art. amend-421 Art. amend-431 Art. amend-441 Art. amend-451 Art. amend-461 Art. amend-471 Art. amend-481 Art. amend-491 Art. amend-501 Art. amend-511 Art. amend-521 Art. amend-531 Art. amend-541 Art. amend-551 Art. amend-561 Art. amend-571 Art. amend-581 Art. amend-591 Art. amend-601 Art. amend-611 Art. amend-621 Art. amend-631 Art. amend-641 Art. amend-651 Art. amend-661 Art. amend-671 Art. amend-681 Art. amend-691 Art. amend-701 Art. amend-711 Art. amend-721 Art. amend-731 Art. amend-741 Art. amend-751 Art. amend-761 Art. amend-771 Art. amend-781 Art. amend-791 Art. amend-801 Art. amend-811 Art. amend-821 Art. amend-831 Art. amend-841 Art. amend-851 Art. amend-861 Art. amend-871 Art. amend-881 Art. amend-891 Art. amend-901

12 provisions·Filtered byArt. XII✕

Ark. Const. art. XII, § 1 Section 1
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All existing charters or grants of special or exclusive privileges under which bona fide organization shall not have taken place and business been commenced in good faith at the time of the adoption of this Constitution shall thereafter have no validity.
Ark. Const. art. XII, § 2 Section 2
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The General Assembly shall pass no special act conferring corporate powers, except for charitable, educational, penal or reformatory purposes, where the corporations created are to be and remain under the patronage and control of the State.
Ark. Const. art. XII, § 3 Section 3
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The General Assembly shall provide, by general laws, for the organization of cities (which may be classified) and incorporated towns, and restrict their power of taxation, assessment, borrowing money and contracting debts, so as to prevent the abuse of such power.
Ark. Const. art. XII, § 4 Section 4
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No municipal corporation shall be authorized to pass any laws contrary to the general laws of the State; nor levy any tax on real or personal property to a greater extent, in one year, than five mills on the dollar of the assessed value of the same. Provided, that, to pay indebte…

art-I

Ark. Const. art. XII, § 5 Section 5

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No county, city, town or other municipal corporation shall become a stockholder in any company, association or corporation, or obtain or appropriate money for, or loan its credit to, any corporation, association, institution or individual.

Ark. Const. art. XII, § 6 Section 6

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Corporations may be formed under general laws, which laws may, from time to time, be altered or repealed. The General Assembly shall have the power to alter, revoke or annul any charter of corporation now existing and revokable at the adoption of this Constitution, or any that ma…

Ark. Const. art. XII, § 7 Section 7

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Except as herein provided, the State shall never become a stockholder in, or subscribe to, or be interested in, the stock of any corporation or association.

Ark. Const. art. XII, § 8 Section 8

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No private corporation shall issue stocks or bonds, except for money or property actually received or labor done, and all fictitious increase of stock or indebtedness shall be void; nor shall the stock or bonded indebtedness of any private corporation be increased, except in purs…

Ark. Const. art. XII, § 9 Section 9

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No property, nor right of way, shall be appropriated to the use of any corporation until full compensation therefor shall be first made to the owner, in money, or first secured to him by a deposit of money which compensation, irrespective of any benefit from any improvement propo…

Ark. Const. art. XII, § 10 Section 10

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No act of the General Assembly shall be passed authorizing the issue of bills, notes or other paper which may circulate as money.

Ark. Const. art. XII, § 11 Section 11

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Foreign corporations may be authorized to do business in this State under such limitations and restrictions as may be prescribed by law. Provided, that no such corporation shall do any business in this State except while it maintains therein one or more known places of business a…

Ark. Const. art. XII, § 12 Section 12

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Except as herein otherwise provided, the State shall never assume or pay the debt or liability of any county, town, city or other corporation whatever, or any part thereof, unless such debt or liability shall have been created to repel invasion, suppress insurrection or to provid…