reglab/statecodes huggingface dataset:
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 53 - COMPENSATING OR USE TAXES (§§ 26-53-101 — 26-53-303) › Subchapter 1 - ARKANSAS COMPENSATING TAX ACT OF 1949 (§§ 26-53-101 — 26-53-150) › Section 26-53-139 - Exemption for railroad parts, cars, and equipment

There is specifically exempted from any tax imposed by this subchapter including, but not limited to, §§
26-53-106
-
26-53-108
, parts and other tangible personal property incorporated into or which ultimately become a part of railroad parts, railroad cars, and equipment brought into the State of Arkansas solely and exclusively for the purpose of being repaired, refurbished, modified, or converted within this state.
Acts 1995, No. 848, § 2.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 53 - COMPENSATING OR USE TAXES (§§ 26-53-101 — 26-53-303) › Subchapter 1 - ARKANSAS COMPENSATING TAX ACT OF 1949 (§§ 26-53-101 — 26-53-150) › Section 26-53-140 - Tax levied on sales of prepaid telephone calling cards

Purchases of prepaid telephone calling cards or prepaid authorization numbers and the recharge of prepaid telephone calling cards or prepaid authorization numbers as set out in §
26-52-314
shall be subject to this subchapter and any act supplemental to this subchapter.
Acts 1999, No. 1348, § 3.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 53 - COMPENSATING OR USE TAXES (§§ 26-53-101 — 26-53-303) › Subchapter 1 - ARKANSAS COMPENSATING TAX ACT OF 1949 (§§ 26-53-101 — 26-53-150) › Section 26-53-142 - Fire protection equipment and emergency equipment - Definition

(a)
The gross receipts or gross proceeds derived from a purchase of or repair to fire protection equipment and emergency equipment to be owned by and exclusively used by a volunteer fire department are exempt from the taxes levied under:
(1)
The Arkansas Gross Receipts Act of 1941, §
26-52-101
et seq.;
(2)
This subchapter; and
(3)
All other state, local, and county sales and use taxes.
(b)
The gross receipts or gross proceeds derived from a purchase of supplies and materials to be used in the construction and maintenance of volunteer fire departments, including improvements and fixtures thereon, and property of any nature appurtenant thereto or used in connection therewith are exempt from the taxes levied under:
(1)
The Arkansas Gross Receipts Act of 1941, §
26-52-101
et seq.;
(2)
This subchapter; and
(3)
All other state, local, and county sales and use taxes.
(c)
(1)
The receipt of an appearance fee of fifty dollars ($50.00) or less by a volunteer firefighter is not compensation for purposes of determining whether a fire department is a volunteer fire department under this section.
(2)
As used in this subsection, "appearance fee" means moneys received by a volunteer firefighter for training, practice, or the reimbursement of expenses associated with responding to a fire.
Amended by Act 2021, No. 125,§ 2, eff. 5/1/2021.
Acts 1995, No. 1010, § 1; 1997, No. 441, § 1; 2003, No. 1473, § 65.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 53 - COMPENSATING OR USE TAXES (§§ 26-53-101 — 26-53-303) › Subchapter 1 - ARKANSAS COMPENSATING TAX ACT OF 1949 (§§ 26-53-101 — 26-53-150) › Section 26-53-143 - Wall and floor tile manufacturers

(a)
The gross receipts or gross proceeds derived from sales of electricity and natural gas used in the process of manufacturing wall and floor tile by manufacturers of tile classified in Standard Industrial Classification 3253 are exempt from:
(1)
The Arkansas gross receipts tax levied by §§
26-52-301
and
26-52-302
;
(2)
The Arkansas compensating use tax levied by §§
26-53-106
and
26-53-107
; and
(3)
All city and county sales and use taxes.
(b)
A manufacturer of wall or floor tile classified in Standard Industrial Classification 3253 must have begun construction of a manufacturing facility in the state prior to January 1, 2003, in order to claim this exemption.
Acts 2001, No. 1375, § 1; 2003, No. 1473, § 66; 2007, No. 182, § 26.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 53 - COMPENSATING OR USE TAXES (§§ 26-53-101 — 26-53-303) › Subchapter 1 - ARKANSAS COMPENSATING TAX ACT OF 1949 (§§ 26-53-101 — 26-53-150) › Section 26-53-144 - Certain classes of trucks or trailers - Definitions

(a)
As used in this section:
(1)
"Person" means a natural person who resided in this state at the time of purchasing a truck tractor or semitrailer in another state;
(2)
"Semitrailer" means every vehicle with or without motive power, including a pole trailer, drawn by a truck tractor or a Class Six truck as defined by §
27-14-601(a)(3)(F)
or a Class Seven truck as defined by §
27-14-601(a)(3)(G)
that is registered with the International Registration Plan to be engaged in interstate commerce and designed for carrying property; and
(3)
(A)
"Truck tractor" means a motor vehicle:
(i)
Designed and used primarily for drawing other vehicles and not so constructed as to carry a load other than a part of the weight of the vehicle and load so drawn; and
(ii)
Registered as a:
(a)
Class Five or Class Eight truck as defined by §
27-14-601(a)(3)
; or
(b)
Class Six truck as defined by §
27-14-601(a)(3)(F)
or a Class Seven truck as defined by §
27-14-601(a)(3)(G)
that is not registered with the International Registration Plan to be engaged in interstate commerce.
(B)
"Truck tractor" does not include a Class Six truck as defined by §
27-14-601(a)(3)(F)
or a Class Seven truck as defined by §
27-14-601(a)(3)(G)
that is registered with the International Registration Plan to be engaged in interstate commerce.
(b)
Except as provided in subsections (d) and (e) of this section, the gross receipts or gross proceeds in excess of nine thousand one hundred fifty dollars ($9,150) derived from the sale of a new or used truck tractor in another state for use in this state are exempt from the Arkansas compensating use tax levied by this subchapter.
(c)
The gross receipts or gross proceeds derived from the sale of a new or used semitrailer in another state for use in this state are exempt from the Arkansas compensating use tax levied by this subchapter.
(d)
The gross receipts or gross proceeds derived from the sale in another state for use in this state of a new or used Class Six truck as defined by §
27-14-601(a)(3)(F)
or a Class Seven truck as defined by §
27-14-601(a)(3)(G)
that is registered with the International Registration Plan to be engaged in interstate commerce are exempt from the Arkansas compensating use tax levied by this subchapter.
(e)
The exemption under subsection (b) of this section does not apply to compensating use taxes levied by any Arkansas city, town, or county.
Acts 2003, No. 551, § 2; 2011, No. 1058, § 4.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 53 - COMPENSATING OR USE TAXES (§§ 26-53-101 — 26-53-303) › Subchapter 1 - ARKANSAS COMPENSATING TAX ACT OF 1949 (§§ 26-53-101 — 26-53-150) › Section 26-53-147 - Heavy equipment

(a)
Every person purchasing heavy equipment as defined in §
26-52-318
for storage or use within this state from a dealer located outside of this state, and who does not pay tax to the out-of-state dealer, is liable for the use tax imposed by this chapter.
(b)
The purchaser shall pay the use tax to the Secretary of the Department of Finance and Administration.
(c)
If the purchaser pays the use tax to an out-of-state dealer, the purchaser shall present proof to the secretary that the Arkansas use tax has been paid.
Amended by Act 2019, No. 910,§ 3927, eff. 7/1/2019.
Acts 2005, No. 1693, § 2; 2009, No. 682, § 2.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 53 - COMPENSATING OR USE TAXES (§§ 26-53-101 — 26-53-303) › Subchapter 1 - ARKANSAS COMPENSATING TAX ACT OF 1949 (§§ 26-53-101 — 26-53-150) › Section 26-53-150 - Special tax rate for certain used motor vehicles, trailers, and semitrailers

(a)
(1)
In lieu of the compensating use taxes levied under §§
26-53-106
and
26-53-107
, there is levied an excise tax for the privilege of storing, using, distributing, or consuming a used motor vehicle, trailer, or semitrailer within this state if the sales price of the used motor vehicle, trailer, or semitrailer is at least four thousand dollars ($4,000) but less than ten thousand dollars ($10,000).
(2)
The excise tax levied under subdivision (a)(1) of this section is levied at the rate of two and eight hundred seventy-five thousandths percent (2.875%) of the sales price of the used motor vehicle, trailer, or semitrailer.
(b)
The tax levied in this section shall be in addition to:
(1)
Any compensating use tax levied in the Arkansas Constitution;
(2)
Any compensating use tax levied by a municipality or county; and
(3)
Any additional compensating use tax levied in an Arkansas city under §
26-52-607
.
(c)
For the purpose of determining whether the tax levied by this section applies to the sale of a used motor vehicle, trailer, or semitrailer, the sales price for the used motor vehicle, trailer, or semitrailer shall not be reduced by:
(1)
The value of a motor vehicle, trailer, or semitrailer traded in as part payment on the purchase price of the newly acquired motor vehicle, trailer, or semitrailer; or
(2)
The amount received by the purchaser for the sale of another motor vehicle, trailer, or semitrailer.
(d)
The revenues generated by the tax levied under this section shall be distributed as follows:
(1)
Seventy-six and six-tenths percent (76.6%) of the taxes, interest, penalties, and costs received by the Secretary of the Department of Finance and Administration under this section shall be deposited as general revenues;
(2)
Eight and five-tenths percent (8.5%) of the taxes, interest, penalties, and costs received by the secretary under this section shall be deposited into the Property Tax Relief Trust Fund; and
(3)
Fourteen and nine-tenths percent (14.9%) of the taxes, interest, penalties, and costs received by the secretary under this section shall be deposited into the Educational Adequacy Fund.
(e)
The excise tax levied under this section shall be collected and paid in the same manner and at the same time as is prescribed in §
26-53-126
for the collection and payment of compensating use taxes on motor vehicles, trailers, and semitrailers.
Added by Act 2021, No. 1013,§ 8, eff. 1/1/2022.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 53 - COMPENSATING OR USE TAXES (§§ 26-53-101 — 26-53-303) › Subchapter 2 - CONTRACTORS (§§ 26-53-201 — 26-53-204) › Section 26-53-201 - Definition

As used in this subchapter, "contractors" means consumers of tangible personal property, specified digital products, or a digital code used or consumed in the performance of a contract in this state and of tangible personal property, specified digital products, or a digital code stored for use or upon which the contractors may exercise any right or power in this state.
Amended by Act 2017, No. 141,§ 58, eff. for tax years beginning on and after 1/1/2018.
Acts 1965, No. 125, § 1; A.S.A. 1947, § 84-3129.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 53 - COMPENSATING OR USE TAXES (§§ 26-53-101 — 26-53-303) › Subchapter 2 - CONTRACTORS (§§ 26-53-201 — 26-53-204) › Section 26-53-202 - Subchapter cumulative

The provisions of this subchapter shall be cumulative to the provisions of the Arkansas Compensating Tax Act of 1949, §
26-53-101
et seq.
Acts 1965, No. 125, § 6; A.S.A. 1947, § 84-3134.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 53 - COMPENSATING OR USE TAXES (§§ 26-53-101 — 26-53-303) › Subchapter 3 - INTERSTATE RECIPROCAL AGREEMENTS (§§ 26-53-301 — 26-53-303) › Section 26-53-301 - Authority of secretary to negotiate enforcement agreements with other states

(a)
When in the judgment of the Secretary of the Department of Finance and Administration it is necessary in order to secure the collection of any tax, penalties, or interest due or to become due under this subchapter, the secretary may negotiate agreements with the tax departments of other states in respect to the collecting, reporting, payment, and enforcement of tax on sales of tangible personal property, specified digital products, a digital code, or taxable services to residents of Arkansas by a retailer maintaining a place of business in the other state.
(b)
In consideration of the agreement, the secretary may make similar agreements for the collecting, reporting, payment, and enforcement of tax as imposed by the other states on sales of tangible personal property, specified digital products, a digital code, or taxable services to residents of other states by retailers maintaining places of business in Arkansas.
Amended by Act 2019, No. 910,§ 3932, eff. 7/1/2019.
Amended by Act 2017, No. 141,§ 60, eff. for tax years beginning on and after 1/1/2018.
Acts 1970 (1st Ex. Sess.), No. 10, § 1; A.S.A. 1947, § 84-3135; Acts 2003, No. 1273, § 32.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 53 - COMPENSATING OR USE TAXES (§§ 26-53-101 — 26-53-303) › Subchapter 3 - INTERSTATE RECIPROCAL AGREEMENTS (§§ 26-53-301 — 26-53-303) › Section 26-53-302 - Arrangements for collection and payment

The Secretary of the Department of Finance and Administration, in negotiating an agreement with the tax department of another state, may as part of the agreement provide for reciprocal arrangements whereby the parties collecting the tax in the other state may deduct at the time of making returns to the secretary such percentage of the amount due and accounted for, which may be retained by the parties reporting as an offset against costs of collecting and reporting as is allowed by other states to parties in this state collecting the tax for the other state. No deduction shall be allowed, however, if the amount due is delinquent at the time of the tax payment.
Amended by Act 2019, No. 910,§ 3933, eff. 7/1/2019.
Acts 1970 (1st Ex. Sess.), No. 10, § 2; A.S.A. 1947, § 84-3136.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 53 - COMPENSATING OR USE TAXES (§§ 26-53-101 — 26-53-303) › Subchapter 3 - INTERSTATE RECIPROCAL AGREEMENTS (§§ 26-53-301 — 26-53-303) › Section 26-53-303 - Waiver of collection and enforcement of taxes

(a)
The Secretary of the Department of Finance and Administration, in negotiating agreements, is authorized by way of compromise to waive the collection and enforcement of taxes on sales to residents of Arkansas made in another state and delivered into Arkansas when the sales were made prior to the effective date of any agreement negotiated.
(b)
However, the secretary in any case shall not be authorized to waive payment and enforcement of the tax in another state unless the tax department of the other state waives collection, payment, and enforcement of their tax in this state in the same manner as the tax payment is waived by this state.
Amended by Act 2019, No. 910,§ 3934, eff. 7/1/2019.
Acts 1970 (1st Ex. Sess.), No. 10, § 3; A.S.A. 1947, § 84-3137.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 54 - CORPORATE FRANCHISE TAXES (§§ 26-54-101 — 26-54-116) › Section 26-54-101 - Title

This chapter shall be known and may be cited as the "Arkansas Corporate Franchise Tax Act of 1979".
Acts 1979, No. 889, § 1; A.S.A. 1947, § 84-1833.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 54 - CORPORATE FRANCHISE TAXES (§§ 26-54-101 — 26-54-116) › Section 26-54-102 - Definition

(a)
As used in this chapter, "corporation" means any corporation or limited liability company, domestic and foreign, active and inactive, which is organized in or qualified under the laws of the State of Arkansas and includes, but is not limited to, any person or group of persons, any association, joint-stock company, business trust, or other organizations with or without charter constituting a separate legal entity of relationship with the purpose of obtaining some corporate privilege or franchise which is not allowed to them as individuals and which is exercising, or attempting to exercise, corporate-type acts, whether or not existing by virtue of a particular statute.
(b)
However, "corporation" does not include:
(1)
Nonprofit corporations;
(2)
Corporations which are organizations exempt from the federal income tax; or
(3)
Organizations formed under or governed by the Uniform Partnership Act (1996), §
4-46-101
et seq., or the Uniform Limited Partnership Act (2001), §
4-47-101
et seq.
Amended by Act 2023, No. 459,§ 4, eff. 8/1/2023.
Acts 1979, No. 889, § 2; A.S.A. 1947, § 84-1834; Acts 1987, No. 19, § 1; 2009, No. 655, § 40.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 54 - CORPORATE FRANCHISE TAXES (§§ 26-54-101 — 26-54-116) › Section 26-54-103 - Effect upon prior rights, etc

This chapter does not affect rights or duties that matured, liabilities or penalties that were incurred, or proceedings begun before January 1, 1980.
Acts 1979, No. 889, § 14; A.S.A. 1947, § 84-1844n.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 54 - CORPORATE FRANCHISE TAXES (§§ 26-54-101 — 26-54-116) › Section 26-54-107 - Computation of tax - Penalty - Relief

(a)
Using the information reported on the franchise tax report under §
26-54-105
and any other information received by him or her bearing upon the subject, the Secretary of State shall compute the amount of tax of each corporation at the rate or rates provided by this chapter.
(b)
(1)
(A)
If the taxpayer fails to comply with the filing and remittance requirements under §
26-54-105(c)
, the Secretary of State shall assess the corporation a penalty of twenty-five dollars ($25.00) plus interest on the tax and penalty from the date due until paid at the rate of ten percent (10%) per year.
(B)
However, the franchise tax, penalty, and interest for any tax year shall not exceed two (2) times the corporation's tax owed.
(2)
On or before November 1 of each year, the Secretary of State shall mail notice to the corporation at its last known address stating that the corporation is subject to revocation of its corporate charter under §
26-54-111
for the failure to pay corporate franchise tax.
(c)
The Secretary of State or his or her designee may agree to settle or compromise a dispute concerning interest or penalties associated with corporate franchise taxes if the taxpayer:
(1)
Disputes the proposed amount; or
(2)
Is insolvent or bankrupt.
(d)
(1)
The Secretary of State may waive any accrued interest or assessed penalties imposed on a taxpayer due to a failure to remit corporate franchise taxes under §
26-54-105(c)
, if:
(A)
The taxpayer is reasonably mistaken about the application of this chapter or the computation of the franchise tax to the corporation; or
(B)
A taxpayer cannot pay the accrued interest or assessed penalties because of the taxpayer's insolvency or bankruptcy.
(2)
The Secretary of State may waive any fees that a taxpayer owes if the taxpayer desires to dissolve the corporation.
(3)
If a taxpayer demonstrates that a corporation was not doing business in the state for the period for which penalties and interest are owed under this section, the Secretary of State shall waive the amount due under this section if the taxpayer demonstrates that the taxpayer intends to dissolve the corporation.
(e)
If the parties cannot resolve the dispute, the parties may pursue any other remedy available to them, including without limitation remedies available under the Arkansas Administrative Procedure Act, §
25-15-201
et seq.
(f)
The Secretary of State shall develop guidelines to assist a taxpayer in resolving a corporate franchise tax dispute.
Amended by Act 2023, No. 459,§ 8, eff. 8/1/2023.
Amended by Act 2021, No. 523,§ 16, eff. 4/1/2021.
Amended by Act 2019, No. 819,§ 21, eff. 5/1/2021.
Amended by Act 2015, No. 834,§ 2, eff. 7/22/2015.
Amended by Act 2015, No. 834,§ 1, eff. 7/22/2015.
Amended by Act 2013, No. 1093,§ 1, eff. 4/11/2013.
Acts 1979, No. 889, § 6; A.S.A. 1947, § 84-1838; Acts 1987, No. 19, § 3; 1991, No. 1046, § 3; 1991, No. 1140, § 3; 1999, No. 1037, § 1.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 54 - CORPORATE FRANCHISE TAXES (§§ 26-54-101 — 26-54-116) › Section 26-54-108 - Taxes and penalties as lien

The taxes and penalties required to be paid by this chapter shall be a first lien on all property of the corporation, whether or not the property is employed by the corporation in the prosecution of its business or is in the hands of an assignee, receiver, or trustee.
Acts 1979, No. 889, § 7; A.S.A. 1947, § 84-1839.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 54 - CORPORATE FRANCHISE TAXES (§§ 26-54-101 — 26-54-116) › Section 26-54-109 - Lists of corporations to be prepared

(a)
(1)
The Bank Commissioner, Insurance Commissioner, and any other officer or agency of the state authorized to issue corporate permits or authorities to do business in this state shall prepare and maintain a correct list of all corporations organizing or qualifying through their respective offices or agencies.
(2)
Each official or agency shall file with the Secretary of State a monthly report showing:
(A)
The name and address of each new corporation organized or qualified;
(B)
The authorized and outstanding capital stock;
(C)
The name changes, mergers, charter forfeitures, or withdrawals;
(D)
The name and address of each corporation that has provided official notification regarding the dissolution of the corporation; and
(E)
All other information concerning the corporation required by the Secretary of State.
(b)
Upon request of the Secretary of State, each official or agency shall prepare and certify to the Secretary of State a complete list of the names and addresses of all corporations that have organized or qualified through their respective office or agency and that are subject to the provisions of this chapter.
(c)
Officials or agencies of the state, county, or municipalities authorized to issue permits shall notify each corporation receiving a permit of the requirements to register the corporation with the Secretary of State before conducting business in Arkansas.
(d)
(1)
A corporation filing instruments providing for the organization of any common law or statutory trust or similar organization with any county clerk, or other clerk of the various counties of this state, shall file them in duplicate.
(2)
The clerk receiving the documents for filing or recordation shall file mark them and forward the file-marked duplicate to the Secretary of State.
(e)
(1)
The Secretary of the Department of Finance and Administration shall provide the Secretary of State a list of corporations doing business in this state and filing tax reports with the Department of Finance and Administration.
(2)
However, the Secretary of the Department of Finance and Administration shall not include any information deemed confidential by any other law.
Amended by Act 2021, No. 523,§ 18, eff. 4/1/2021.
Amended by Act 2021, No. 523,§ 17, eff. 4/1/2021.
Amended by Act 2019, No. 819,§ 22, eff. 5/1/2021.
Amended by Act 2019, No. 910,§ 3935, eff. 7/1/2019.
Acts 1979, No. 889, § 8; A.S.A. 1947, § 84-1840; Acts 1987, No. 19, § 4.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 54 - CORPORATE FRANCHISE TAXES (§§ 26-54-101 — 26-54-116) › Section 26-54-110 - Dissolution or withdrawal by corporations

Applications for dissolution or withdrawal by a corporation, association, or organization cannot be accepted by the authority that initially authorized or granted an authority to the corporation to do business in Arkansas until receipt of a statement verified by the Secretary of State that the franchise tax due has been paid.
Amended by Act 2021, No. 523,§ 19, eff. 4/1/2021.
Amended by Act 2019, No. 819,§ 22, eff. 5/1/2021.
Acts 1979, No. 889, § 9; A.S.A. 1947, § 84-1841; Acts 1987, No. 19, § 5.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 54 - CORPORATE FRANCHISE TAXES (§§ 26-54-101 — 26-54-116) › Section 26-54-111 - Charter revocation for failure to pay tax - Procedure

(a)
On or before January 31 of each year, the Secretary of State shall proclaim as revoked the corporate charters or authorities of all corporations, both domestic and foreign, that according to the Secretary of State's records are delinquent in the payment of the annual franchise tax for a prior year.
(b)
(1)
A copy of the proclamation under subsection (a) of this section, or applicable portion thereof, shall be furnished to each other official or agency of the state that is authorized to issue corporation charters or authorities.
(2)
Upon their receipt of the proclamation, the several officials shall at once correct their respective records in accordance with the proclamation.
Amended by Act 2023, No. 459,§ 9, eff. 8/1/2023.
Amended by Act 2021, No. 523,§ 20, eff. 4/1/2021.
Amended by Act 2019, No. 819,§ 22, eff. 5/1/2021.
Amended by Act 2013, No. 1079,§ 1, eff. 8/16/2013.
Acts 1979, No. 889, § 10; 1983, No. 828, § 1; A.S.A. 1947, § 84-1842; Acts 1987, No. 19, § 6; 1991, No. 1046, § 4; 1991, No. 1140, § 4.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 54 - CORPORATE FRANCHISE TAXES (§§ 26-54-101 — 26-54-116) › Section 26-54-112 - Reinstatement of corporations

(a)
(1)
(A)
(i)
A corporation whose charter or permit authority to do business in the state has been declared revoked by proclamation of the Governor or the Secretary of State may be reinstated to all its rights, powers, and property.
(ii)
Reinstatement shall be retroactive to the time that the corporation's authority to do business in the state was declared revoked.
(B)
The reinstatement shall be made after the filing of all delinquent franchise tax reports satisfactory to the Secretary of State and the payment of all taxes and penalties due for each year of delinquency.
(2)
However, reinstatement is not allowed after five (5) years from the date the charter or permit authority to do business in the state if the corporation is declared:
(A)
Revoked by proclamation of the Governor or the Secretary of State; and
(B)
A forfeited charter.
(b)
If the Secretary of State issued the original corporate charter, permit, or authority, the Secretary of State shall reinstate the corporation upon payment by the corporation of all amounts due, as provided in subsection (a) of this section.
(c)
(1)
If the original corporate charter, permit, or authority was issued by an official other than the Secretary of State, the official shall reinstate the corporation upon the corporation's filing with the official the receipt of the Secretary of State showing payment of all amounts due, as provided in subsection (a) of this section.
(2)
Thereafter, the corporation shall stand in all respects as though its name had never been declared revoked.
Amended by Act 2023, No. 459,§ 10, eff. 8/1/2023.
Amended by Act 2021, No. 523,§ 22, eff. 4/1/2021.
Amended by Act 2021, No. 523,§ 21, eff. 4/1/2021.
Amended by Act 2019, No. 819,§ 22, eff. 5/1/2021.
Acts 1979, No 889, § 11; A.S.A. 1947, § 84-1843; Acts 1987, No. 19, § 7; 1991, No. 1046, § 5; 1991, No. 1140, § 5; 1999, No. 522, § 1.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 54 - CORPORATE FRANCHISE TAXES (§§ 26-54-101 — 26-54-116) › Section 26-54-113 - Disposition of funds

(a)
All taxes and penalties collected under the provisions of this chapter each month shall be deposited into the State Treasury to the credit of the Revenue Holding Fund Account of the State Apportionment Fund.
(b)
(1)
On or before the fifth day of the following month, the Treasurer of State shall allocate and transfer the taxes and penalties collected to the General Revenue Fund Account of the State Apportionment Fund until a total of eight million dollars ($8,000,000) has been transferred during a fiscal year.
(2)
After the transfers required by subdivision (b)(1) of this section have been made, the taxes and penalties collected under this chapter during the remainder of the fiscal year shall be special revenues, and the Treasurer of State shall transfer the taxes and penalties collected to the Educational Adequacy Fund after making the deductions required by §
19-5-203(b)(2)
.
Acts 1979, No. 889, § 12; A.S.A. 1947, § 84-1844; Acts 2003 (2nd Ex. Sess.), No. 94, § 4.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 54 - CORPORATE FRANCHISE TAXES (§§ 26-54-101 — 26-54-116) › Section 26-54-114 - Nonpayment of franchise taxes - Definitions

(a)
A corporation or limited liability company owing past-due franchise taxes to the Secretary of State may not:
(1)
File forms or documents related to that corporation or limited liability company;
(2)
Create a new legal entity in this state; or
(3)
Obtain authority to do business in this state.
(b)
A person or individual substantially connected to any corporation or limited liability company that owes past-due franchise taxes to the Secretary of State may not:
(1)
File forms or documents related to that corporation or limited liability company;
(2)
Create a new legal entity in this state; or
(3)
Obtain authority to do business in this state.
(c)
As used in this section:
(1)
"Past-due franchise taxes" means only those taxes owed three (3) years prior to the year in which the current filing is presented;
(2)
"Past officer or director" means a person or individual who was associated with the corporation or limited liability company at any time during its charter that the corporation or limited liability company was responsible for nonpayment of franchise taxes; and
(3)
"Substantially connected" means a present officer, director, member, or manager or a past officer, director, member, or manager of a corporation.
(d)
An individual who is an incorporator or organizer of a corporation or limited liability company shall not be considered to be substantially connected to a corporation or limited liability company that owes past-due franchise taxes to the Secretary of State.
(e)
Each corporation, subject to this chapter, shall file with its original articles of incorporation or certificate of organization the name of at least one (1) individual who is substantially connected to the corporation and is responsible for payment of franchise taxes.
(f)
Any current or past officer or director that has been added to a corporation without his or her permission shall be removed as an officer or director of the corporation by the Secretary of State and not held responsible for past-due franchise taxes, if the officer or director submits:
(1)
A copy of a report filed with a local, state, or federal law enforcement entity that states the officer or director has been fraudulently added to the corporation; and
(2)
A statement, prescribed by the Secretary of State, signed by the officer or director, that states the officer or director was added to the corporation without his or her permission, with the following declaration:
"I declare, under the penalties of perjury, that the foregoing statements are true to the best of my knowledge and belief."
Amended by Act 2023, No. 459,§ 11, eff. 8/1/2023.
Amended by Act 2021, No. 523,§ 23, eff. 4/1/2021.
Amended by Act 2019, No. 819,§ 23, eff. 5/1/2021.
Acts 2001, No. 1549, § 1.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 54 - CORPORATE FRANCHISE TAXES (§§ 26-54-101 — 26-54-116) › Section 26-54-115 - [Repealed]

Repealed by Act 2021, No. 523,§ 24, eff. 4/1/2021.
Added by Act 2019, No. 819,§ 24, eff. 5/1/2021.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 54 - CORPORATE FRANCHISE TAXES (§§ 26-54-101 — 26-54-116) › Section 26-54-116 - Powers of Secretary of State

The Secretary of State is authorized to perform any of the duties that are required of him or her under this chapter.
Added by Act 2023, No. 459,§ 12, eff. 8/1/2023.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 55 - MOTOR FUELS TAXES (§§ 26-55-101 — 26-55-1308) › Subchapter 1 - GENERAL PROVISIONS (§§ 26-55-101 — 26-55-102) › Section 26-55-101 - Exemption for United States Government vehicles - Refunds

(a)
Motor vehicles belonging to the United States Government and used in its business exclusively shall not be required to pay any motor vehicle fuel tax.
(b)
When motor vehicle fuel upon which the tax has been paid is sold to any agent or employee of the United States Government for use in a motor vehicle belonging to the United States Government, and is used in its business exclusively, the wholesaler or dealer may not charge the consumer with the amount of the tax but may claim the refund of the tax under such rules as the Secretary of the Department of Finance and Administration may prescribe.
Amended by Act 2019, No. 315,§ 3004, eff. 7/24/2019.
Amended by Act 2019, No. 910,§ 3936, eff. 7/1/2019.
Acts 1929, No. 65, § 35; Pope's Dig., § 6635; A.S.A. 1947, § 75-248.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 55 - MOTOR FUELS TAXES (§§ 26-55-101 — 26-55-1308) › Subchapter 1 - GENERAL PROVISIONS (§§ 26-55-101 — 26-55-102) › Section 26-55-102 - City motor bus system operating across state lines

(a)
The fee to be paid to this state for the registration and licensing of any motor bus used by a system of motor buses operating in lieu of a street car system in adjoining cities or incorporated towns which are separated by a state line shall not exceed the fee provided by law in the adjoining state for the bus when:
(1)
More than one-half (1/2) of the mileage of the routes regularly run by the motor bus system is outside this state;
(2)
More than one-half (1/2) of the gross revenues of the system is derived from its operation outside this state and from the carrying of passengers from outside this state into this state;
(3)
The system is operated in this state under a franchise contract with the Arkansas city or town;
(4)
The motor buses are not operated under any conditions whatever on any of the roads or highways in this state outside the corporate limits of the city or town; and
(5)
The motor bus system shall pay to this state a motor vehicle fuel tax at the applicable rate as fixed by the law of this state upon at least one-half (1/2) of the motor vehicle fuel used in the operation of the system as a whole.
(b)
At any time the adjoining city or town in Arkansas by ordinances may levy a privilege tax on the buses sufficient to reimburse the city or town for the use of its streets.
Acts 1935, No. 185, § 1; Pope's Dig., § 6881; A.S.A. 1947, § 75-1132; Acts 2009, No. 655, § 41.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 55 - MOTOR FUELS TAXES (§§ 26-55-101 — 26-55-1308) › Subchapter 2 - MOTOR FUEL TAX LAW (§§ 26-55-201 — 26-55-250) › Section 26-55-201 - Title

This subchapter and any amendments thereof and supplements thereto shall be known and may be cited as the "Motor Fuel Tax Law", and as so constituted is hereinafter referred to as "this subchapter".
Acts 1941, No. 383, § 1; A.S.A. 1947, § 75-1101.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 55 - MOTOR FUELS TAXES (§§ 26-55-101 — 26-55-1308) › Subchapter 2 - MOTOR FUEL TAX LAW (§§ 26-55-201 — 26-55-250) › Section 26-55-203 - Effect of reference to subchapter

(a)
Whenever in this subchapter reference is made to a section of this subchapter, the reference shall extend to and include any amendment of or supplement to the section so referred to or any section hereafter enacted in lieu thereof.
(b)
Unless otherwise provided, whenever a reference to this subchapter or to any section is made in any amendment or supplement to this subchapter or to any section hereafter enacted, such reference shall be deemed to refer to this subchapter or such section as the same shall then stand or as thereafter amended.
Acts 1941, No. 383, § 1; A.S.A. 1947, § 75-1101.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 55 - MOTOR FUELS TAXES (§§ 26-55-101 — 26-55-1308) › Subchapter 2 - MOTOR FUEL TAX LAW (§§ 26-55-201 — 26-55-250) › Section 26-55-204 - Rules

The Secretary of the Department of Finance and Administration shall prescribe and publish such rules as may be necessary for the enforcement of this subchapter.
Amended by Act 2019, No. 315,§ 3006, eff. 7/24/2019.
Amended by Act 2019, No. 910,§ 3937, eff. 7/1/2019.
Acts 1941, No. 383, § 29; A.S.A. 1947, § 75-1131.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 55 - MOTOR FUELS TAXES (§§ 26-55-101 — 26-55-1308) › Subchapter 2 - MOTOR FUEL TAX LAW (§§ 26-55-201 — 26-55-250) › Section 26-55-205 - Levy of tax

(a)
There is levied a privilege or excise tax of eight and one-half cents (81/2¢) on each gallon of motor fuel as defined in this subchapter, sold or used in this state, or purchased for sale or use in this state, to be computed in the manner hereinafter set forth.
(b)
In addition to the tax levied in subsection (a) of this section, there is levied an excise tax of one cent (1¢) on each gallon of motor fuel as defined in this subchapter, sold or used in this state, or purchased for sale or use in this state, to be computed in the manner hereinafter set forth.
Acts 1941, No. 383, § 4; 1943, No. 253, § 1; 1953, No. 112, § 12; 1965 (1st Ex. Sess.), No. 41, § 1; 1967, No. 198, § 2; 1973, No. 445, § 1; 1979, No. 437, § 1; A.S.A. 1947, §§ 75-1106, 75-1269; Acts 1989, No. 821, § 10.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 55 - MOTOR FUELS TAXES (§§ 26-55-101 — 26-55-1308) › Subchapter 2 - MOTOR FUEL TAX LAW (§§ 26-55-201 — 26-55-250) › Section 26-55-206 - Purpose of tax - Allocation

(a)
The tax imposed by this subchapter is levied for the purpose of providing revenue to be used by the State of Arkansas to defray, in whole or in part, the cost of constructing, widening, reconstructing, maintaining, resurfacing, and repairing the public highways, and retiring highway indebtedness of this state.
(b)
(1)
The funds collected by this subchapter shall be allocated and distributed only in the manner now established by existing laws relating to motor fuel taxes.
(2)
One cent (1¢) of the tax levied on each gallon of motor fuel under this subchapter shall be remitted to the Treasurer of State separate and apart from other motor fuel and distillate special fuel taxes, and the gross amount thereof, without making any deduction therefrom for credit to the Constitutional Officers Fund and the State Central Services Fund, shall be distributed as provided by the Arkansas Highway Revenue Distribution Law, §
27-70-201
et seq.
Acts 1941, No. 383, § 3; 1979, No. 437, § 3; A.S.A. 1947, §§ 75-1105, 75-1241.1.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 55 - MOTOR FUELS TAXES (§§ 26-55-101 — 26-55-1308) › Subchapter 2 - MOTOR FUEL TAX LAW (§§ 26-55-201 — 26-55-250) › Section 26-55-207 - Exemptions

The tax imposed by §
26-55-205
shall not be collected upon or with respect to the following transactions:
(1)
The sale of motor fuel by a pipeline importer who has first received the motor fuel into this state via common carrier pipeline, barge, or rail to a duly licensed distributor in this state;
(2)
The sale of motor fuel by a duly licensed distributor for export from the State of Arkansas, and shipped by common carrier FOB destination, to any other state or territory or to any foreign country, or the export of motor fuel by a duly licensed distributor from the State of Arkansas to any other state or territory or to any foreign country, if satisfactory proof of actual exportation of all the motor fuel is furnished at the time and in the manner prescribed by the Secretary of the Department of Finance and Administration;
(3)
The sale of motor fuel to the United States Government; or
(4)
The sale of motor fuel for use in propelling airplanes, provided that satisfactory proof is furnished in the manner prescribed by the secretary that the motor fuel is to be used in the propelling of airplanes.
Amended by Act 2019, No. 910,§ 3939, eff. 7/1/2019.
Amended by Act 2019, No. 910,§ 3938, eff. 7/1/2019.
Acts 1941, No. 383, § 4; 1943, No. 253, § 1; 1947, No. 415, § 1; 1953, No. 112, § 12; 1959, No. 273, § 1; 1965 (1st Ex. Sess.), No. 41, § 1; 1965 (1st Ex. Sess.), No. 43, § 2; 1967, No. 198, § 2; 1979, No. 437, § 1; 1983, No. 830, § 1; 1985, No. 112, § 1; A.S.A. 1947, § 75-1106; Acts 1987, No. 763, § 3.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 55 - MOTOR FUELS TAXES (§§ 26-55-101 — 26-55-1308) › Subchapter 2 - MOTOR FUEL TAX LAW (§§ 26-55-201 — 26-55-250) › Section 26-55-208 - Sale of motor fuel exempt from sales or gross receipts tax

No person selling motor fuel shall be liable to the State of Arkansas for any tax with respect to the sale thereof under the provisions of any sales or gross receipts tax acts of the State of Arkansas.
Acts 1941, No. 383, § 28; A.S.A. 1947, § 75-1130.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 55 - MOTOR FUELS TAXES (§§ 26-55-101 — 26-55-1308) › Subchapter 2 - MOTOR FUEL TAX LAW (§§ 26-55-201 — 26-55-250) › Section 26-55-209 - Local taxes prohibited

No city, village, town, county, township, or other subdivision or municipal corporation of this state shall levy or collect any excise tax upon or measured by the sale, receipt, or distribution of motor fuel.
Acts 1941, No. 383, § 28; A.S.A. 1947, § 75-1130.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 55 - MOTOR FUELS TAXES (§§ 26-55-101 — 26-55-1308) › Subchapter 2 - MOTOR FUEL TAX LAW (§§ 26-55-201 — 26-55-250) › Section 26-55-211 - Border tax rate applicable within corporate boundaries

(a)
Whenever any territory included within the boundaries of any city, incorporated town, or planned community in this state is included within the border tax rate on motor fuel, as provided for in §
26-55-210
, or by any other law of this state governing the border area tax rate on motor fuel, the same rate of tax on motor fuel that applies in the border tax area of the city, incorporated town, or planned community shall also apply to all sales of motor fuel within the boundaries of the city, incorporated town, or planned community.
(b)
Except in a city bordering a state line that is the main channel of the Mississippi River, the provisions of this section shall apply only to that territory included within the limits of the city, incorporated town, or planned community on July 1, 2001, and shall not apply to territory added to or annexed to the city, incorporated town, or planned community after July 1, 2001.
Acts 1953, No. 246, § 1; 1965 (1st Ex. Sess.), No. 41, § 8; 1967, No. 45, § 1; 1973, No. 507, § 1; 1977, No. 378, § 2; A.S.A. 1947, § 75-1107.1; Acts 1997, No. 727, § 2; 2001, No. 1498, § 1.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 55 - MOTOR FUELS TAXES (§§ 26-55-101 — 26-55-1308) › Subchapter 2 - MOTOR FUEL TAX LAW (§§ 26-55-201 — 26-55-250) › Section 26-55-212 - Border tax rate areas - Use of auxiliary fuel tanks - Definition

(a)
Any consumer of motor fuel who has purchased motor fuel within a border rate area and has obtained delivery of the motor fuel into a storage tank shall not thereafter deliver the motor fuel into an auxiliary tank attached to any motor vehicle and shall only use the motor fuel in propelling a motor vehicle as has been delivered directly from a storage tank into the standard fuel tank of a motor vehicle.
(b)
As used in this section, "standard fuel tank" means the fuel tank attached to the motor vehicle by the original manufacturer of the motor vehicle, except that it shall exclude any auxiliary fuel tank of a motor vehicle even if attached to a motor vehicle by the original manufacturer thereof.
(c)
Any consumer who violates this section shall be guilty of a misdemeanor and, upon conviction, shall be fined in any sum of not less than fifty dollars ($50.00) nor more than five hundred dollars ($500) or be imprisoned in the county jail for not to exceed thirty (30) days, or be both so fined and imprisoned.
Acts 1941, No. 383, § 5; 1943, No. 252, § 1; A.S.A. 1947, § 75-1107.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 5 - STATE TAXES (§§ 26-50-101 — 26-65-108) › Chapter 55 - MOTOR FUELS TAXES (§§ 26-55-101 — 26-55-1308) › Subchapter 2 - MOTOR FUEL TAX LAW (§§ 26-55-201 — 26-55-250) › Section 26-55-213 - Distributor's license - Requirement - Penalty for noncompliance

(a)
It shall be unlawful for any distributor to receive, use, sell, or distribute any motor fuel or to engage in business within this state unless the distributor is the holder of an uncancelled license issued by the Secretary of the Department of Finance and Administration to engage in the business or, if the distributor is an agent, commission or otherwise, of a distributor as defined in this subchapter, unless the agent is the holder of a certified duplicate copy of an uncancelled license issued by the secretary to the agent's principal.
(b)
(1)
Upon conviction, a person who engages in business in the State of Arkansas as a distributor without being the holder of an uncancelled license to engage in the business is guilty of an unclassified misdemeanor and shall be punished by a fine of not less than one thousand dollars ($1,000) nor more than ten thousand dollars ($10,000) or imprisonment for a term of not less than thirty (30) days and not more than one (1) year, or both fine and imprisonment.
(2)
Each day or any part thereof during which any person shall engage in business as a distributor without being the holder of an uncancelled license shall constitute a separate offense within the meaning of this section.
Amended by Act 2019, No. 910,§ 3940, eff. 7/1/2019.
Acts 1941, No. 383, §§ 7, 25; 1943, No. 250, § 1; 1945, No. 166, § 1; A.S.A. 1947, §§ 75-1109, 75-1127; Acts 2009, No. 655, § 42.