reglab/housing_qa huggingface dataset:
AR Code § 4-31-302 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 31 - Foreign Investors|Subchapter 3 - Service as Fiduciary|§ 4-31-302. Definitions

 For purposes of this section and §§ 4-31-301 and 4-31-303, “foreign bank or trust company with fiduciary powers” means a bank or trust company organized under the laws of and having its principal office in the District of Columbia or any territory or state of the United States other than the State of Arkansas, and any national bank having its principal office in the District of Columbia or a territory or another state, which bank or trust company is empowered to act as a fiduciary.
AR Code § 4-31-303 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 31 - Foreign Investors|Subchapter 3 - Service as Fiduciary|§ 4-31-303. Appointment authorized

 Any foreign bank or trust company with fiduciary powers may be appointed and may serve in the State of Arkansas as trustee of a personal or corporate trust, executor, administrator, guardian of the estate, or in any other fiduciary capacity, whether the appointment is by will, deed, agreement, declaration, indenture, court order, or decree, or otherwise, when and to the extent that the District of Columbia, territory, or other state in which the foreign bank or trust company is organized and has its principal office grants such fiduciary authority to a bank or trust company organized under the laws of and having its principal office in the State of Arkansas, or to a national bank having its principal office in the State of Arkansas.
AR Code § 4-31-401 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 31 - Foreign Investors|Subchapter 4 - Filing Procedure for Foreign Business Trusts|§ 4-31-401. Definition

 For purposes of this subchapter, “business trust” means a foreign unincorporated association or trust created by an instrument under which property is held and managed by trustees for the benefit and profit of such persons as are or may become the holders of a transferable certificate evidencing beneficial interest in the trust.
AR Code § 4-31-402 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 31 - Foreign Investors|Subchapter 4 - Filing Procedure for Foreign Business Trusts|§ 4-31-402. Filing requirements

 (a)  (1) A business trust, for the purpose of this subchapter, shall be foreign.  (2) A foreign business trust includes every foreign business trust.    (b) Any foreign business trust desiring to transact business in this state shall deliver to the Secretary of State:  (1) A form provided by the Secretary of State's office or an executed copy of the articles, declaration of trust, or trust agreement by which the trust was created and all amendments thereto, or a true copy thereof certified to be such by a trustee of the trust before a notary or by a public official of another state territory or country in whose office an executed copy thereof is on file;  (2) A verified list of the names, residences, and post office addresses of its trustees;  (3) An affidavit setting forth its assumed business name, if any; and  (4) A foreign business trust shall deliver to the Secretary of State the location of its principal office, the information required by § 4-20-105(a), and its irrevocable consent to service of process duly signed by a majority of its trustees to bind the business trust by such irrevocable consent.    (c) When a foreign business trust has complied with the delivery requirements as provided in this section, the Secretary of State, after determining that all requirements have been met, shall file the delivered documents of foreign business trusts and the foreign business trusts may thereupon commence business.  (d) Upon the filing of the form provided by the Secretary of State or the copy of articles, declaration of trust, or trust agreement and the payment of a filing fee in compliance with the laws of the State of Arkansas, the Secretary of State shall issue to the trustee named in the form or articles, declaration of trust, or trust agreement, a certificate showing that the declaration of trust has been on file in the office, whereupon such association shall be authorized to transact business in this state provided that all other applicable laws have been followed.  (e)  (1) The articles, declaration of trust, or trust agreement by which any foreign business trust was created may be amended in the manner specified therein or in such manner as is valid under the law applicable to the foreign business trust.  (2) Provided, that no amendment shall be legally effected in the state until a copy thereof has been filed with the Secretary of State.
AR Code § 4-31-403 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 31 - Foreign Investors|Subchapter 4 - Filing Procedure for Foreign Business Trusts|§ 4-31-403. Applicability of law

 (a) Any foreign business trust shall be subject to such applicable provisions of law from time to time in effect with respect to foreign corporations doing business in Arkansas.  (b) These shall include, without limitation, applicable provisions of law as relate to the issuance of securities, filing the required statements or reports, service of process, general grants of power to act, withdrawal, right to sue and be sued, limitation of individual liability of shareholders, and rights to acquire, mortgage, sell, lease, operate, and otherwise deal in or with real and personal property.
AR Code § 4-31-404 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 31 - Foreign Investors|Subchapter 4 - Filing Procedure for Foreign Business Trusts|§ 4-31-404. Discontinuing trust business

 (a) Any foreign business trust that desires to withdraw from or discontinue doing trust business shall furnish to the Secretary of State satisfactory evidence of its release and discharge from all obligation undertaken by it and after the foreign business trust has furnished that evidence to the Secretary of State, the Secretary of State shall withdraw any authority to do a trust business previously issued to that foreign business trust, and thereafter the foreign business trust shall not be permitted to use and shall not undertake the administration of any trust business in the State of Arkansas.  (b) No person may transact or conduct business within the state under any articles, declaration of trust, or trust agreement without first complying with the provisions and requirements of this subchapter, and no person organized to do business under any articles, declaration of trust, or trust agreement may offer to sell, barter, or exchange any unit, share, contact, notes, bond, mortgage, oil or mineral lease, or other securities, without first having to comply with the provisions and requirements of this subchapter.
AR Code § 4-31-406 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 31 - Foreign Investors|Subchapter 4 - Filing Procedure for Foreign Business Trusts|§ 4-31-406. Filing fees

 (a) The Secretary of State shall collect the following fees when the documents described in this subsection are delivered to him or her for filing:  (b)  (1) The Secretary of State shall collect a fee of twenty-five dollars ($25.00) each time process is served on him or her under this subchapter.  (2) The party to a proceeding causing service of process is entitled to recover the process fee as costs if the party prevails in the proceeding.    (c) The Secretary of State shall collect the following fees for copying and certifying the copy of any filed document relating to a domestic or foreign business trust:  (1) Fifty cents (50¢) a page for copying; and  (2) Five dollars ($5.00) for the certificate.      DOCUMENT FEE (1) Articles of business trust $300.00 (2) Amendment of articles of business trust 300.00 (3) Articles of merger 100.00 (4) Articles of dissolution 300.00 (5) Application for amended certificate of authority 300.00 (6) Application for certificate of withdrawal 300.00 (7) Any other document required or permitted to be filed by this subchapter 25.00   Click to view table.
AR Code § 4-32-101 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 32 - Small Business Entity Tax Pass Through Act|Subchapter 1 - General Provisions|§ 4-32-101. Title

 This chapter shall be known and may be cited as the “Small Business Entity Tax Pass Through Act”.
AR Code § 4-32-102 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 32 - Small Business Entity Tax Pass Through Act|Subchapter 1 - General Provisions|§ 4-32-102. Definitions

 As used in this chapter, unless the context otherwise requires:   (1) “Articles of organization” means articles filed under § 4-32-201, and those articles as amended and restated;  (2) “Corporation” means a corporation formed under the laws of any state or foreign country, including professional corporations or associations;  (3) “Court” includes every court having jurisdiction in the case;  (4) “Event of dissociation” means an event that causes a person to cease to be a member as provided in § 4-32-802;  (5) “Foreign limited liability company” means an organization that is:  (A) An unincorporated association;  (B) Organized under laws of a state other than the laws of this state, or under the laws of any foreign country;  (C) Organized under a statute pursuant to which an association may be formed that affords to each of its members limited liability with respect to the liabilities of the entity; and  (D) Not required to be registered or organized under any statute of this state other than this chapter;    (6) “Limited liability company” or “domestic limited liability company” means an organization formed under this chapter;  (7) “Limited liability company interest” or “interest in the limited liability company” means the interest that can be assigned under § 4-32-704 and charged under § 4-32-705;  (8) “Limited partnership” means a limited partnership formed under the laws of any state or foreign country;  (9) “Manager” or “managers” means, with respect to a limited liability company that has set forth in its articles of organization that it is to be managed by managers, the person or persons designated in accordance with § 4-32-401;  (10) “Member” or “members” means a person or persons who have been admitted to membership in a limited liability company as provided in § 4-32-801 and who have not ceased to be members as provided in § 4-32-802;  (11) “Operating agreement” means the written agreement which shall be entered into among all of the members as to the conduct of the business and affairs of a limited liability company;  (12)  (A) “Person” means an individual, a general partnership, a limited partnership, a domestic or foreign limited liability company, a trust, an estate, an association, a corporation, a custodian, a nominee and other individual entity in its own or representative capacity, or any other legal entity.  (B) “Person” includes a protected series;    (13) “Professional service” means any type of professional service which may be legally performed only pursuant to a license or other legally mandated personal authorization. For example: the personal service rendered by certified public accountants, architects, engineers, dentists, doctors, and attorneys at law; and  (14) “State” means a state, territory, or possession of the United States, the District of Columbia, or the Commonwealth of Puerto Rico.
AR Code § 4-32-103 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 32 - Small Business Entity Tax Pass Through Act|Subchapter 1 - General Provisions|§ 4-32-103. Name

 (a) The name of each limited liability company as set forth in its articles of organization must contain the words “Limited Liability Company” or “Limited Company” or the abbreviations “L.L.C.”, “L.C.”, “LLC”, or “LC”. The word “Limited” may be abbreviated as “Ltd.” and the word “Company” may be abbreviated as “Co.”.  (b) A limited liability company name must be distinguishable upon the records of the Secretary of State from:  (1) The name of any limited liability company, limited partnership, or corporation existing under the laws of this state or authorized to transact business in this state; or  (2) Any name reserved under § 4-32-104.    (c) The provisions of subsection (b) of this section shall not apply if the applicant files with the Secretary of State a certified copy of a final decree of a court of competent jurisdiction establishing the prior right of the applicant to the use of the name in this state.  (d) The name of a limited liability company which performs professional service shall in addition contain the words “Professional Limited Liability Company” or “Professional Limited Company” or the abbreviations “P.L.L.C.”, “P.L.C.”, “PLLC”, “PLC”, and the words “Limited” and “Company” may be abbreviated as “Ltd.” or “Co.” and may not contain the name of any person who is not a member, except that the name of a former member or member of a predecessor organization may continue to be included in the name.
AR Code § 4-32-104 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 32 - Small Business Entity Tax Pass Through Act|Subchapter 1 - General Provisions|§ 4-32-104. Reservation of name

 (a) The exclusive right to use a name may be reserved by:  (1) Any person intending to organize a limited liability company and to adopt that name;  (2) Any limited liability company or any foreign limited liability company registered in this state that intends to adopt that name;  (3) Any foreign limited liability company intending to register in this state and to adopt that name; or  (4) Any person intending to organize a foreign limited liability company and to have it registered in this state and to adopt that name.    (b) The reservation shall be made by filing with the Secretary of State an application, executed by the applicant, to reserve a specified name. If the Secretary of State finds that the name is available for use by a domestic or foreign limited liability company, the Secretary of State shall reserve the name of the exclusive use of the applicant for a period of one hundred twenty (120) days from and after the date the application is filed with the Secretary of State.  (c) The holder of a reserved limited liability company name may renew the reservation for two (2) successive periods of one hundred twenty (120) days each from the date of the first renewal.  (d) The right to the exclusive use of a reserved name may be transferred to another person by filing with the Secretary of State a notice of the transfer, executed by the applicant for whom the name was reserved, and specifying the name to be transferred and the name and address of the transferee. The transfer shall not extend the term during which the name is reserved.
AR Code § 4-32-106 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 32 - Small Business Entity Tax Pass Through Act|Subchapter 1 - General Provisions|§ 4-32-106. Nature of business — Powers

 (a) A limited liability company may be organized under this chapter for any lawful purpose, including the performance of professional services and related activities. If the purpose for which a limited liability company is organized or its activities make it subject to a special provision of law, the limited liability company shall also comply with that provision.  (b) A limited liability company shall possess and may exercise all powers and privileges granted by this chapter or by any other law or by its operating agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion, or attainment of the business, purposes, or activities of the limited liability company.
AR Code § 4-32-109 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 32 - Small Business Entity Tax Pass Through Act|Subchapter 1 - General Provisions|§ 4-32-109. Registered name

 (a) A foreign limited liability company may register its name, if the name is distinguishable upon the records of the Secretary of State from the names of any limited liability company, limited partnership, partnership, or corporation existing under the laws of this state or authorized to transact business in this state.  (b) A foreign limited liability company registers its name by delivering it to the Secretary of State for filing an application:  (1) Setting forth its name, or its name with any addition required by § 4-32-103, the state or country and date of its formation, and a brief description of the nature of the business in which it is engaged; and  (2) Accompanied by a certificate of existence or a document of similar import from the state or country in which it was formed.    (c) The name is registered for the applicant's exclusive use upon the effective date of the application.  (d)  (1) A foreign limited liability company whose registration is effective may renew the registration for successive years by delivering to the Secretary of State for filing a renewal application, which complies with the requirements of subsection (b) of this section, between October 1 and December 31 of the preceding year.  (2) The renewal application when filed renews the registration for the following calendar year.    (e)  (1) A foreign limited liability company whose registration is effective may thereafter qualify as a foreign limited liability company under the registered name or consent in writing to the use of that name by a limited liability company thereafter incorporated under this chapter, or by another foreign limited liability company thereafter authorized to transact business in this state.  (2) The registration terminates when the domestic limited liability company is incorporated or the foreign limited liability company qualifies or consents to the qualification of another foreign limited liability company under the registered name.
AR Code § 4-32-201 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 32 - Small Business Entity Tax Pass Through Act|Subchapter 2 - Formation|§ 4-32-201. Formation

 One (1) or more persons may form a limited liability company by signing or causing to be signed articles of organization and delivering the signed articles to the Secretary of State for filing. The person or persons who sign the articles of organization causing the formation of a limited liability company need not be members of the limited liability company at the time of formation or after formation has occurred.
AR Code § 4-32-202 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 32 - Small Business Entity Tax Pass Through Act|Subchapter 2 - Formation|§ 4-32-202. Articles of organization

 The articles of organization shall set forth:   (1) A name for the limited liability company that satisfies the requirements of § 4-32-103;  (2) The information required by § 4-20-105(a); and  (3) If management of the limited liability company is vested in a manager or managers, a statement to that effect.
AR Code § 4-32-203 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 32 - Small Business Entity Tax Pass Through Act|Subchapter 2 - Formation|§ 4-32-203. Amendment of articles of organization — Restatement

 (a) The articles of organization of a limited liability company may be amended by filing articles of amendment with the Secretary of State. The articles of amendment shall set forth:  (1) The name of the limited liability company;  (2) The date the articles of organization were filed; and  (3) The amendment to the articles of organization.    (b) The articles of organization may be amended in any respects as may be desired, so long as the articles of organization as amended contain only provisions that may be lawfully contained in articles of organization at the time of making the amendment.  (c) Articles of organization may be restated at any time. Restated articles of organization shall be filed with the Secretary of State and shall be specifically designated as such in the heading and shall state either in the heading or in an introductory paragraph the limited liability company's present name and, if it has been changed, all of its former names and the date of the filing of its articles of organization.
AR Code § 4-32-204 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 32 - Small Business Entity Tax Pass Through Act|Subchapter 2 - Formation|§ 4-32-204. Execution of documents

 (a) Unless otherwise provided in any other section of this chapter, any document required by this chapter to be filed with the Secretary of State shall be executed:  (1) By any manager if management of the limited liability company is vested in one (1) or more managers;  (2) By any member if management of the limited liability company is reserved to the members;  (3) If the limited liability company has not been formed, by the person or persons forming the limited liability company; or  (4) If the limited liability company is in the hands of a receiver, trustee, or other court-appointed fiduciary, by that fiduciary.    (b) The person executing the document shall sign it and state beneath or opposite his or her signature the person's name and the capacity in which he or she signs.  (c) The person executing the document may do so as an attorney-in-fact. Powers of attorney relating to the execution of the document need not be provided to or filed with the Secretary of State.
AR Code § 4-32-205 (2020)
2020 Arkansas Code|Title 4 - Business and Commercial Law|Subtitle 3 - Corporations and Associations|Chapter 32 - Small Business Entity Tax Pass Through Act|Subchapter 2 - Formation|§ 4-32-205. Filing with Secretary of State

 (a) The original signed copy, together with a duplicate copy that may be either a signed, photocopied, or conformed copy of the articles of organization or any other document required to be filed pursuant to this chapter, shall be delivered to the Secretary of State. If the Secretary of State determines that the documents conform to the filing provisions of this chapter, the Secretary of State shall, when all required filing fees have been paid:  (1) Endorse on each signed original and duplicate copy the word “filed” and the date and time of the document's acceptance for filing;  (2) Retain the signed original in the Secretary of State's files; and  (3) Return the duplicate copy to the person who filed it or the person's representative.    (b) If at the time any documents are delivered for filing, the Secretary of State is unable to make the determination required for filing by subsection (a) of this section, the documents are deemed to have been filed at the time of delivery if the Secretary of State subsequently determines that:  (1) The documents as delivered conform to the filing provisions of this chapter; or  (2) The documents have been brought into conformance within twenty (20) days after notification of nonconformance is given by the Secretary of State to the person who delivered the documents for filing or the person's representative.    (c) If the filing and determination requirements of this chapter are not satisfied within the time prescribed in subdivision (b)(2) of this section, the documents shall not be filed.