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4-26-1004. Filings required for conversion — Effective date.

Arkansas Code — all titles (historical 2020) · legal_authorities

4-26-1004. Filings required for conversion — Effective date.

4-26-1004. Filings required for conversion — Effective date. (a)(1) After a plan of conversion is approved a converting corporation shall file articles of conversion with the Secretary of State. (2) The articles of conversion shall include: (A) A statement that the corporation has been converted into another organization; (B) The name and form of the converted organization and the jurisdiction of its governing statute; (C) The date the conversion is effective under the governing statute of the converted organization; (D) A statement that the conversion was approved as required by this chapter; (E) A statement that the conversion was approved as required by the governing statute of the converted organization; (F) A statement confirming that the converted organization has filed a statement appointing an agent for service of process under § 4-20-112 if the converted organization is a foreign organization not authorized to transact business in this state; and (G)(i) A copy of the plan of conversion; or (ii) A statement that: (a) Contains the address of an office of the organization where the plan of conversion is on file; and (b) A copy of the plan of conversion will be furnished by the converting corporation on request and without cost to any shareholder of the converting corporation. (b)(1) If the converting organization is not a converting corporation, the converting organization shall file articles of incorporation with the Secretary of State. (2) The articles of incorporation shall include, in addition to the information required by § 4-26-202: (A) A statement that the corporation was converted from another organization; (B) The name and form of the converting organization and the jurisdiction of its governing statute; and (C) A statem

Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-26-1004

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.

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Record provenance

Stable record: arkansas_code:legal_authorities:4-26-1004
Source file: gov.ar.code.title.04.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 41a6fec84619391afc0cf5965dba11191781099970bb26039bae0e09ee2e46c2

Source location: content.xml paragraph 14825

Stored source content

4-26-1004. Filings required for conversion — Effective date. (a)(1) After a plan of conversion is approved a converting corporation shall file articles of conversion with the Secretary of State. (2) The articles of conversion shall include: (A) A statement that the corporation has been converted into another organization; (B) The name and form of the converted organization and the jurisdiction of its governing statute; (C) The date the conversion is effective under the governing statute of the converted organization; (D) A statement that the conversion was approved as required by this chapter; (E) A statement that the conversion was approved as required by the governing statute of the converted organization; (F) A statement confirming that the converted organization has filed a statement appointing an agent for service of process under § 4-20-112 if the converted organization is a foreign organization not authorized to transact business in this state; and (G)(i) A copy of the plan of conversion; or (ii) A statement that: (a) Contains the address of an office of the organization where the plan of conversion is on file; and (b) A copy of the plan of conversion will be furnished by the converting corporation on request and without cost to any shareholder of the converting corporation. (b)(1) If the converting organization is not a converting corporation, the converting organization shall file articles of incorporation with the Secretary of State. (2) The articles of incorporation shall include, in addition to the information required by § 4-26-202: (A) A statement that the corporation was converted from another organization; (B) The name and form of the converting organization and the jurisdiction of its governing statute; and (C) A statement that the conversion was approved in a manner that complied with the converting organization's governing statute. (c) A conversion becomes effective: (1) If the converted organization is a corporation, when the articles of incorporation take effect; and (2) If the converted organization is not a corporation, as provided by the governing statute of the converted organization.

Cross-references

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Arkansas Code — all titles (historical 2020) · legal_authorities

4-20-112. Appointment of agent by nonfiling or nonqualified foreign entity.

4-20-112. Appointment of agent by nonfiling or nonqualified foreign entity. (a) A domestic entity that is not a filing entity or a nonqualified foreign entity may file with the Secretary of State a statement appointing an agent for service of process signed on behalf of the entity which states: (1) the name, type, and jurisdiction of organization of the entity; and (2) the information required by § 4-20-105(a). (b) A statement appointing an agent for service of process takes effect on filing. (c) The appointment of a registered agent under this section does not qualify a nonqualified foreign entity to do business in this state and is not sufficient alone to create personal jurisdiction over the nonqualified foreign entity in this state. (d) A statement appointing an agent for service of process may not be rejected for filing because the name of the entity filing the statement is not distinguishable on the records of the Secretary of State from the name of another entity appearing in those records. The filing of a statement appointing an agent for service of process does not make the name of the entity filing the statement unavailable for use by another entity. (e) An entity that has filed a statement appointing an agent for service of process may cancel the statement by filing a statement of cancellation, which shall take effect upon filing, and must state the name of the entity and that the entity is canceling its appointment of an agent for service of process in this state. A statement appointing an agent for service of process which has not been cancelled earlier is effective for a period of five (5) years after the date of filing. (f) A statement appointing an agent for service of process for a nonqualified foreign entity terminates automatically on

Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-20-112

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 4-20-112. This identifies an authority to review, not proof of applicability.

Arkansas Code — all titles (historical 2020) · legal_authorities

4-26-202. Articles of incorporation.

4-26-202. Articles of incorporation. (a) The articles of incorporation, which shall be duly signed by all of the incorporators, shall set forth: (1) The name of the corporation; (2) The period of duration, which may be perpetual; (3) The purpose for which the corporation is organized; (4) The aggregate number of shares which the corporation shall have authority to issue; if the shares are to consist of one (1) class only, the par value of each of the shares or a statement that all of the shares are without par value; or, if the shares are to be divided into classes, the number of shares of each class and a statement of the par value of the shares of each class or that the shares are to be without par value; (5) If the shares are to be divided into classes, the designation of each class and a statement of the preferences, limitations, and relative rights in respect to the shares of each class; (6) If the corporation is to issue the shares of any preferred or special class in series, then the designation of each series and a statement of the variations in the relative rights and preferences as between series insofar as the series are to be fixed in the articles of incorporation and a statement of any authority to be vested in the board of directors to establish series and fix and determine the variations in the relative rights and preferences as between series; (7) A statement that the corporation will not commence business until consideration of the value of at least three hundred dollars ($300) has been received for the issuance of shares; (8) Any provisions limiting or denying to shareholders the preemptive right to acquire additional or treasury shares of the corporation; (9) Any provision not inconsistent with law, which the incorporators elect to

Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-26-202

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 4-26-202. This identifies an authority to review, not proof of applicability.