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AR HB1209

Bill

Status

Introduced

1/24/2023

Primary Sponsor

Delia Haak

Click for details

Origin

House of Representatives

94th General Assembly (2023 Regular)

AI Summary

  • Secretary of State shall remove the registered names of dissolved corporations and limited liability companies within three (3) years of dissolution

  • Names of dissolved corporations removed by the Secretary of State become available for use by newly formed corporations

  • Names of dissolved limited liability companies removed by the Secretary of State become available for use by newly formed limited liability companies

  • Amendments apply to the Arkansas General Business Corporation Act of 1971, Arkansas Business Corporation Act of 1987, and the Uniform Limited Liability Company Act

  • Clarifies existing law regarding unlawful use, reservation, or registration of corporate names that may be cancelled or enjoined by court decree

Legislative Description

Concerning The Use Of A Registered Name Of Certain Corporations And Limited Liability Companies That Have Been Dissolved.

Last Action

WITHDRAWN BY AUTHOR

2/13/2023

Committee Referrals

Insurance and Commerce1/24/2023

Full Bill Text

No bill text available