{"data":{"id":"us-ar/ark.-code-ann.-4-27-1433","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-27-1433","heading":"Decree of dissolution.","body":"(a) If after a hearing the court determines that one (1) or more grounds for judicial dissolution described in § 4-27-1430 exist, it may enter a decree dissolving the corporation and specifying the effective date of the dissolution, and the clerk of the court shall deliver a certified copy of the decree to the Secretary of State, who shall file it.\n(b) After entering the decree of dissolution, the court shall direct the winding up and liquidation of the corporation's business and affairs in accordance with § 4-27-1405 and the notification of claimants in accordance with §§ 4-27-1406 and 4-27-1407.","path":["Title 4 Business and Commercial Law","Subtitle 3. Corporations and Associations","Chapter 27 Business Corporation Act of 1987","Subchapter 14 — Dissolution","Part C: Judicial Dissolution"],"source_url":"https://archive.org/download/gov.ar.code/release78.2020.11.06/gov.ar.code.title.04.odt","current_through":"2020-11-06","vintage":"Arkansas Code Release 78 (2020-11), retrieved 2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or amended","retrieved_at":"2026-09-17T21:07:03Z","sha256":"e13eeb2a1d94b38769797b38cf24e84fede3963ede25331e98ca02020efe8786","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-27-1432","next":"us-ar/ark.-code-ann.-4-27-1440"},"notice":"GroundRules: Original legal text. Not legal advice."}