Arkansas Code of 1987 (2023) › Title 4 - BUSINESS AND COMMERCIAL LAW (§§ 4-1-101 — 4-119-105) › Subtitle 4 - PARTNERSHIPS (§§ 4-42-101 — 4-47-1302) › Chapter 47 - UNIFORM LIMITED PARTNERSHIP ACT (2001) › Subchapter 2 - FORMATION - CERTIFICATE OF LIMITED PARTNERSHIP AND OTHER FILINGS (§§ 4-47-201 — 4-47-210) › Section 4-47-210 - Annual report for Secretary of State

(a)
A limited partnership or a foreign limited partnership authorized to transact business in this State shall deliver to the Secretary of State for filing an annual report that states:
(1)
the name of the limited partnership or foreign limited partnership;
(2)
the street and mailing address of its designated office and the information concerning its agent for service of process required by §
4-20-105(a)
;
(3)
in the case of a foreign limited partnership, the street and mailing address of its principal office; and
(4)
in the case of a foreign limited partnership, the State or other jurisdiction under whose law the foreign limited partnership is formed and any alternate name adopted under §
4-47-905(a)
.
(b)
Information in an annual report must be current as of the date the annual report is delivered to the Secretary of State for filing.
(c)
The first annual report must be delivered to the Secretary of State by August 1 of the year following the calendar year in which a limited partnership was formed or a foreign limited partnership was authorized to transact business. An annual report must be delivered to the Secretary of State by August 1 of each subsequent calendar year.
(d)
If an annual report does not contain the information required in subsection (a), the Secretary of State shall promptly notify the reporting limited partnership or foreign limited partnership and return the report to it for correction. If the report is corrected to contain the information required in subsection (a) and delivered to the Secretary of State within 30 days after the effective date of the notice, it is timely delivered.
(e)
If a filed annual report contains an address of the designated office or information provided under subdivision (a)(2) of this section which differs from the information shown in the records of the Secretary of State immediately before the filing, the differing information in the annual report is considered a statement of change under §
4-20-108
.
(f)
If on or before January 31 of each year, a domestic limited partnership or a foreign limited partnership has not filed an annual disclosure statement, the Secretary of State shall proclaim:
(1)
the corporate charter or authority of the domestic limited partnership or foreign limited partnership as not current; and
(2)
that according to the Secretary of State's records, the domestic limited partnership or foreign limited partnership is delinquent in the filing of the annual disclosure statement for the prior year.
(g)
(1)
A domestic limited partnership or foreign limited partnership whose charter or authority to do business in this state is declared not current under subdivision (f)(1) of this section shall be reinstated to all its rights, powers, and property after the domestic limited partnership or foreign limited partnership files an annual disclosure statement for the previous four (4) years that were delinquent.
(2)
The annual disclosure statement filed under subdivision (g)(1) of this section shall be satisfactory to the Secretary of State.
(3)
Reinstatement of the domestic limited partnership or foreign limited partnership under subdivision (g)(1) of this section shall be retroactive to the time that the domestic limited partnership's or foreign limited partnership's authority to do business in this state was declared as not current.
(h)
(1)
Reinstatement under subsection (g) of this section shall not be allowed after five (5) years from the date the charter or authority to do business in this state was declared not current under subdivision (f)(1) of this section.
(2)
After five (5) years, the domestic limited partnership or foreign limited partnership shall be statutorily dissolved and the domestic limited partnership or foreign limited partnership name shall become available immediately for use by another entity if deemed available by the Secretary of State.
Amended by Act 2023, No. 715,§ 3, eff. 8/1/2023.
Acts 2007, No. 15, § 1; 2007, No. 638, § 62; 2009, No. 814, § 10.