Arkansas legislation · 95th General Assembly (2025 Regular)
Arkansas SB552: TO CLARIFY THE DEFINITION OF "PRINCIPAL OFFICE" USED UNDER THE ARKANSAS BUSINESS CORPORATION ACT OF 1987 AND THE UNIFORM LIMITED LIABILITY COMPANY ACT
Status: Chaptered, April 18, 2025
What the bill says
An act to be entitled an act to amend the arkansas business corporation act of 1987; to amend the uniform limited liability company act; to clarify the definition of "principal office" used under the arkansas business corporation act of 1987 and the uniform limited liability company act; and for other purposes. subtitle to clarify the definition of "principal office" used under the arkansas business corporation act of 1987 and the uniform limited liability company act.
From the enrolled text:
An Act To Be Entitled AN ACT TO AMEND THE ARKANSAS BUSINESS CORPORATION ACT OF 1987; TO AMEND THE UNIFORM LIMITED LIABILITY COMPANY ACT; TO CLARIFY THE DEFINITION OF "PRINCIPAL OFFICE" USED UNDER THE ARKANSAS BUSINESS CORPORATION ACT OF 1987 AND THE UNIFORM LIMITED LIABILITY COMPANY ACT; AND FOR OTHER PURPOSES. Subtitle TO CLARIFY THE DEFINITION OF "PRINCIPAL OFFICE" USED UNDER THE ARKANSAS BUSINESS CORPORATION ACT OF 1987 AND THE UNIFORM LIMITED LIABILITY COMPANY ACT. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: SECTION 1. Arkansas Code § 4-27-140(17), concerning the definition of "principal office" used under the Arkansas Business Corporation Act of 1987, is amended to read as follows: (17)(A) "Principal office" means the office (in or out of this state) so designated in the annual franchise tax report where the principal executive offices of a domestic or foreign corporation are located. (B) If the domestic or foreign corporation does not have a "principal office" as described under subdivision (17)(A) of this section, the domestic or foreign corporation may designate the address of the domestic or foreign corporation's registered agent as the principal office of the domestic or foreign corporation. (C) A domestic or foreign corporation listing the address *ANS203* 03/20/2025 3:30:26 PM ANS203 SB552 of its registered agent under subdivision (17)(B) of this section …