Transparency in representation of hostile foreign principals

Ark. Code Ann. § 21-8-1103 — under Ethics and Conflicts of Interest.

Ark. Code Ann. § 21-8-1103

(a) (1) Except as otherwise provided in this subchapter, a person shall not act as a representative of a hostile foreign principal unless the person has filed a true and complete registration statement with the Secretary of State as required by this subchapter.(2) Except as otherwise provided in this section, a person who becomes a representative of a hostile foreign principal shall file a registration statement under oath with the Secretary of State within ten (10) days of the person's becoming a representative of a hostile foreign principal.(3) The obligation of a representative of a hostile foreign principal to file a registration statement, after the tenth day of becoming a representative of a hostile foreign principal, shall continue from day to day, and termination of status as a representative of a hostile foreign principal shall not relieve the representative of a hostile foreign principal from the obligation to file a registration statement for the period during which he or she was a representative of a hostile foreign principal.

(1) Except as otherwise provided in this subchapter, a person shall not act as a representative of a hostile foreign principal unless the person has filed a true and complete registration statement with the Secretary of State as required by this subchapter.

(2) Except as otherwise provided in this section, a person who becomes a representative of a hostile foreign principal shall file a registration statement under oath with the Secretary of State within ten (10) days of the person's becoming a representative of a hostile foreign principal.

(3) The obligation of a representative of a hostile foreign principal to file a registration statement, after the tenth day of becoming a representative of a hostile foreign principal, shall continue from day to day, and termination of status as a representative of a hostile foreign principal shall not relieve the representative of a hostile foreign principal from the obligation to file a registration statement for the period during which he or she was a representative of a hostile foreign principal.

(b) The registration statement required under this section shall include the following:(1) The registrant's:(A) Name;(B) Principal business address;(C) Other business addresses in the United States or elsewhere; and(D) Residence addresses, if any; and(2) A comprehensive statement of the nature of the registrant's business.

(1) The registrant's:(A) Name;(B) Principal business address;(C) Other business addresses in the United States or elsewhere; and(D) Residence addresses, if any; and

(A) Name;

(B) Principal business address;

(C) Other business addresses in the United States or elsewhere; and

(D) Residence addresses, if any; and

(2) A comprehensive statement of the nature of the registrant's business.

(c) A registered representative of a hostile foreign principal under this subchapter shall update the registration statement required under this section no less frequently than quarterly.