Research About Meet PRIA

Support Data Sources Privacy Policy Terms of Service Your Privacy Choiceshello@policyrisk.com

© 2026 PRIA Technologies, LLC. All rights reserved.

PRIA provides educational policy intelligence and is not a source of investment, legal, or financial advice. Content is for informational purposes only.

™

Your Policy Risk Impact Agent

Research

At My Address
Federal Courts
Daily Briefings
Medicare & Social Security
Congressional Bills
Federal Register
Tariffs
Fed Decisions & The Economy
State Tracker
World Watch
U.S. Code
U.S. Constitution

Knowledge

Search Polipedia
Daily Briefings
Calculators
What is Policy Risk?
The Countdown

Company

About PRIA
Support

Get PRIA

Support Data Sources Privacy Policy Terms of Service Your Privacy Choices

hello@policyrisk.com

© 2026 PRIA Technologies, LLC. All rights reserved.

PRIA is a trademark of PRIA Technologies, LLC.

PRIA provides educational policy intelligence and is not a source of investment, legal, or financial advice. Content is for informational purposes only.

Arkansas Statutes, Title 4

™

Your Policy Risk Impact Agent

Arkansas/Statutes

← All Arkansas coverage

Title 4, Business and Commercial Law

88 chapters · 2,278 sections in this title.

All chapters in Title 42,278 Ch 27, Business Corporation Act of 1987186 Ch 33, The Arkansas Nonprofit Corporation A…160 Ch 9, Secured Transactions153 Ch 38, Uniform Limited Liability Company Act125 Ch 75, Unfair Practices121 Ch 47, Uniform Limited Partnership Act108 Ch 26, Business Corporations Generally106 Ch 2, Sales103 Ch 88, Deceptive Trade Practices97 Ch 28, Nonprofit Organizations92 Ch 46, Uniform Partnership Act70 Ch 3, Negotiable Instruments68 Ch 90, Automobiles55 Ch 8, Investment Securities52

160 sections·Filtered byTitle 4✕Ch 33✕

Ark. Code Ann. § 4-33-1423 Appeal from denial of reinstatement
0.9K chars
(a) The Secretary of State, upon denying a corporation's application for reinstatement following administrative dissolution, shall serve the corporation with a written notice that explains the reasons for denial. (b) The corporation may appeal the denial of reinstatement to the P…
Ark. Code Ann. § 4-33-1430 Grounds for judicial dissolution
5.1K chars
(a) The circuit court may dissolve a corporation:(1) in a proceeding by the attorney general if it is established that:(i) the corporation obtained its articles of incorporation through fraud;(ii) the corporation has continued to exceed or abuse the authority conferred upon it by…
Ark. Code Ann. § 4-33-1431 Procedure for judicial dissolution
0.9K chars
(a) Venue for a proceeding by the Attorney General to dissolve a corporation lies in the Pulaski County Circuit Court. Venue for a proceeding brought by any other party named in § 4-33-1430 lies in the circuit court of the county where a corporation's principal office is or was l…
Ark. Code Ann. § 4-33-1432 Receivership or custodianship

Showing 51–100 of 160

Page 2 of 4

← Previous Next →

3.0K chars

(a) A court in a judicial proceeding brought to dissolve a public benefit or mutual benefit corporation may appoint one (1) or more receivers to wind up and liquidate, or one (1) or more custodians to manage, the affairs of the corporation. The court shall hold a hearing, after n…

Ark. Code Ann. § 4-33-1433 Decree of dissolution

0.6K chars

(a) If after a hearing the court determines that one (1) or more grounds for judicial dissolution described in § 4-33-1430 exist, it may enter a decree dissolving the corporation and specifying the effective date of the dissolution, and the clerk of the court shall deliver a cert…

Ark. Code Ann. § 4-33-1440 Deposit with Treasurer of State

0.7K chars

Assets of a dissolved corporation that should be transferred to a creditor, claimant, or member of the corporation who cannot be found or who is not competent to receive them, shall be reduced to cash subject to known trust restrictions and deposited with the Treasurer of State f…

Ark. Code Ann. § 4-33-150 Internal Revenue section 501(c)(3) — Organizations and private foundations

3.2K chars

(a) Notwithstanding any provision of Arkansas law or in the articles of incorporation to the contrary, the articles of incorporation of each corporation organized under this chapter which is an exempt charitable, religious, literary, educational, or scientific organization as des…

Ark. Code Ann. § 4-33-1501 Authority to transact business required

2.6K chars

(a) A foreign corporation may not transact business in this state until it obtains a certificate of authority from the Secretary of State. (b) The following activities, among others, do not constitute transacting business within the meaning of subsection (a) of this section:(1) m…

Ark. Code Ann. § 4-33-1502 Consequences of transacting business without authority

4.6K chars

(a) A foreign corporation transacting business in this state without a certificate of authority may not maintain a proceeding in any court in this state until it obtains a certificate of authority. (b) The successor to a foreign corporation that transacted business in this state …

Ark. Code Ann. § 4-33-1503 Application for certificate of authority

1.8K chars

(a) A foreign corporation may apply for a certificate of authority to transact business in this state by delivering an application to the Secretary of State. The application must set forth:(1) the name of the foreign corporation or, if its name is unavailable for use in this stat…

Ark. Code Ann. § 4-33-1504 Amended certificate of authority

0.6K chars

(a) A foreign corporation authorized to transact business in this state must obtain an amended certificate of authority from the Secretary of State if it changes:(1) its corporate name;(2) the period of its duration;(3) any of the information required by § 4-20-105(a); or(4) the …

Ark. Code Ann. § 4-33-1505 Effect of certificate of authority

0.7K chars

(a) A certificate of authority authorizes the foreign corporation to which it is issued to transact business in this state subject, however, to the right of the state to revoke the certificate as provided in this chapter. (b) A foreign corporation with a valid certificate of auth…

Ark. Code Ann. § 4-33-1506 Corporate name of foreign corporation

3.9K chars

(a) If the corporate name of a foreign corporation does not satisfy the requirements of § 4-33-401, the foreign corporation, to obtain or maintain a certificate of authority to transact business in this state, may use a fictitious name to transact business in this state if its re…

Ark. Code Ann. § 4-33-1507 Registered office and registered agent of foreign corporation

1.4K chars

(1) Each foreign corporation authorized to transact business in this state must continuously maintain in this state:(1) a registered office with the same address as that of its registered agent; and(2) a registered agent, who may be:(i) an individual who resides in this state and…

Ark. Code Ann. § 4-33-1508 Change of registered office or registered agent of foreign corporation

1.9K chars

(a) A foreign corporation authorized to transact business in this state may change its registered office or registered agent by delivering to the Secretary of State for filing a statement of change that sets forth:(1) its name;(2) the street address of its current registered offi…

Ark. Code Ann. § 4-33-1509 Resignation of registered agent of foreign corporation

0.8K chars

(a) The registered agent of a foreign corporation may resign as agent by signing and delivering to the Secretary of State for filing the original and two (2) exact or conformed copies of a statement of resignation. The statement of resignation may include a statement that the reg…

Ark. Code Ann. § 4-33-1510 Service on foreign corporation

1.8K chars

(a) The registered agent of a foreign corporation authorized to transact business in this state is the corporation's agent for service of process, notice, or demand required or permitted by law to be served on the foreign corporation. (b) A foreign corporation may be served by re…

Ark. Code Ann. § 4-33-1520 Withdrawal of foreign corporation

2.3K chars

(a) A foreign corporation authorized to transact business in this state may not withdraw from this state until it obtains a certificate of withdrawal from the Secretary of State. (b) A foreign corporation authorized to transact business in this state may apply for a certificate o…

Ark. Code Ann. § 4-33-1530 Grounds for revocation

3.5K chars

(a) The Secretary of State may commence a proceeding under § 4-33-1531 to revoke the certificate of authority of a foreign corporation authorized to transact business in this state if:(1) the foreign corporation does not pay within one hundred twenty (120) days after they are due…

Ark. Code Ann. § 4-33-1531 Procedure and effect of revocation

2.3K chars

(a) The Secretary of State upon determining that one (1) or more grounds exist under § 4-33-1530 for revocation of a certificate of authority shall serve the foreign corporation with written notice of that determination under § 4-33-1510. (b) The Attorney General upon determining…

Ark. Code Ann. § 4-33-1532 Appeal from revocation

0.7K chars

(a) A foreign corporation may appeal the Secretary of State's revocation of its certificate of authority to the Circuit Court of Pulaski County within thirty (30) days after the service of the certificate of revocation is perfected under § 4-33-1510. The foreign corporation appea…

Ark. Code Ann. § 4-33-160 Judicial relief

2.4K chars

(a) If for any reason it is impractical or impossible for any corporation to call or conduct a meeting of its members, delegates, or directors, or otherwise obtain their consent, in the manner prescribed by its articles, bylaws, or this chapter, then upon petition of a director, …

Ark. Code Ann. § 4-33-1601 Conversion to a public water authority

1.2K chars

(1) A corporation which meets the definition of a qualified corporation, as defined by § 4-35-103, may adopt a plan to convert its entity status from that of a nonprofit corporation to a water authority pursuant to § 4-35-101 et seq., unless the articles or bylaws require otherwi…

Ark. Code Ann. § 4-33-1701 Application to existing domestic corporations

1.5K chars

All provisions of this chapter shall apply to all domestic corporations incorporated on or after January 1, 1994, as specified in § 4-33-1706. A corporation incorporated prior to January 1, 1994, under any general statute of this state providing for incorporation of nonprofit cor…

Ark. Code Ann. § 4-33-1702 Application to qualified foreign corporations

0.7K chars

A foreign corporation authorized to transact business in this state on January 1, 1994, is subject to this chapter but is not required to obtain a new certificate of authority to transact business under this chapter. Except for any applicable corporate franchise tax laws or any a…

Ark. Code Ann. § 4-33-1703 Saving provisions

1.9K chars

(a) Except as provided in subsection (b) of this section, the repeal of a statute by this chapter does not affect:(1) the operation of the statute or any action taken under it before its repeal;(2) any ratification, right, remedy, privilege, obligation, or liability acquired, acc…

Ark. Code Ann. § 4-33-1704 Severability

0.3K chars

If any provision of this chapter or its application to any person or circumstance is held invalid by a court of competent jurisdiction, the invalidity does not affect other provisions or applications of this chapter that can be given effect without the invalid provision or applic…

Ark. Code Ann. § 4-33-1705 Repeal

0.1K chars

All laws and parts of laws in conflict with this chapter are hereby repealed.

Ark. Code Ann. § 4-33-1706 Effective date

0.0K chars

This chapter takes effect January 1, 1994.

Ark. Code Ann. § 4-33-1707 Public benefit, mutual benefit and religious corporations

2.5K chars

(1) Upon electing to be governed by the provisions of this chapter, each domestic corporation existing on January 1, 1994, that becomes subject to this chapter shall be designated as a public benefit, mutual benefit or religious corporation as follows:(1) Any corporation designat…

Ark. Code Ann. § 4-33-180 Religious corporations — Constitutional protections

0.3K chars

If religious doctrine governing the affairs of a religious corporation is inconsistent with the provisions of this chapter on the same subject, the religious doctrine shall control to the extent required by the Constitution of the United States or the constitution of this state o…

Ark. Code Ann. § 4-33-201 Incorporators

0.2K chars

One (1) or more persons may act as the incorporator or incorporators of a corporation by delivering articles of incorporation to the Secretary of State for filing.

Ark. Code Ann. § 4-33-202 Articles of incorporation

9.4K chars

(a) The articles of incorporation must set forth:(1) a corporate name for the corporation that satisfies the requirements of § 4-33-401;(2) one (1) of the following statements:(i) this corporation is a public benefit corporation;(ii) this corporation is a mutual benefit corporati…

Ark. Code Ann. § 4-33-203 Incorporation

0.4K chars

(a) Unless a delayed effective date is specified, the corporate existence begins when the articles of incorporation are filed. (b) The Secretary of State's filing of the articles of incorporation is conclusive proof that the incorporation satisfied all conditions precedent to inc…

Ark. Code Ann. § 4-33-204 Liability for preincorporation transactions

0.2K chars

All persons purporting to act as or on behalf of a corporation, knowing there was no incorporation under this chapter, are jointly and severally liable for all liabilities created while so acting.

Ark. Code Ann. § 4-33-205 Organization of corporation

1.9K chars

(a) After incorporation:(1) if initial directors are named in the articles of incorporation, the initial directors shall hold an organizational meeting, at the call of a majority of the directors, to complete the organization of the corporation by appointing officers, adopting by…

Ark. Code Ann. § 4-33-206 Bylaws

0.3K chars

(a) The incorporators or board of directors of a corporation shall adopt bylaws for the corporation. (b) The bylaws may contain any provision for regulating and managing the affairs of the corporation that is not inconsistent with law or the articles of incorporation.

Ark. Code Ann. § 4-33-207 Emergency bylaws and powers

1.3K chars

(a) Unless the articles provide otherwise the directors of a corporation may adopt, amend or repeal bylaws to be effective only in an emergency defined in subsection (d) of this section. The emergency bylaws, which are subject to amendment or repeal by the members, may provide sp…

Ark. Code Ann. § 4-33-301 Purposes

0.5K chars

(a) Every corporation incorporated under this chapter has the purpose of engaging in any lawful activity unless a more limited purpose is set forth in the articles of incorporation. (b) A corporation engaging in an activity that is subject to regulation under another statute of t…

Ark. Code Ann. § 4-33-302 General powers

5.4K chars

(1) Unless its articles of incorporation provide otherwise, every corporation has perpetual duration and succession in its corporate name and has the same powers as an individual to do all things necessary or convenient to carry out its affairs including, without limitation, powe…

Ark. Code Ann. § 4-33-303 Emergency powers

2.2K chars

(a) In anticipation of or during an emergency defined in subsection (d) of this section, the board of directors of a corporation may:(1) modify lines of succession to accommodate the incapacity of any director, officer, employee, or agent; and(2) relocate the principal office, de…

Ark. Code Ann. § 4-33-304 Ultra vires

0.8K chars

(a) Except as provided in subsection (b) of this section, the validity of corporate action may not be challenged on the ground that the corporation lacks or lacked power to act. (b) A corporation's power to act may be challenged in a proceeding against the corporation to enjoin a…

Ark. Code Ann. § 4-33-401 Corporate name

3.8K chars

(a) A corporate name may not contain language stating or implying that the corporation is organized for a purpose other than that permitted by § 4-33-301 and its articles of incorporation. (b) Except as authorized by subsections (c), (d), and (e) of this section, a corporate name…

Ark. Code Ann. § 4-33-402 Reserved name

0.6K chars

(a) A person may reserve the exclusive use of a corporate name, including a fictitious name for a foreign corporation whose corporate name is not available by delivering an application to the Secretary of State for filing. Upon finding that the corporate name applied for is avail…

Ark. Code Ann. § 4-33-403 Registered name

2.6K chars

(a) A foreign corporation may register its corporate name, or its corporate name with any change required by § 4-33-1506, if the name is distinguishable upon the records of the Secretary of State from:(1) the corporate name of a nonprofit or business corporation incorporated or a…

Ark. Code Ann. § 4-33-601 Admission

0.2K chars

(a) The articles or bylaws may establish criteria or procedures for admission of members. (b) No person shall be admitted as a member without his or her consent.

Ark. Code Ann. § 4-33-602 Consideration

0.2K chars

Except as provided in its articles or bylaws, a corporation may admit members for no consideration or for such consideration as is determined by the board.

Ark. Code Ann. § 4-33-603 No requirement of members

0.0K chars

A corporation is not required to have members.

Ark. Code Ann. § 4-33-610 Differences in rights and obligations of members

0.4K chars

All members shall have the same rights and obligations with respect to voting, dissolution, redemption and transfer, unless the articles or bylaws establish classes of membership with different rights or obligations. All members shall have the same rights and obligations with res…

Ark. Code Ann. § 4-33-611 Transfers

0.5K chars

(a) Except as set forth in or authorized by the articles or bylaws, no member of a mutual benefit corporation may transfer a membership or any right arising therefrom. (b) No member of a public benefit or religious corporation may transfer a membership or any right arising theref…