{"data":{"id":"us-ar/ark.-code-ann.-4-33-1505","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-33-1505","heading":"Effect of certificate of authority.","body":"(a) A certificate of authority authorizes the foreign corporation to which it is issued to transact business in this state subject, however, to the right of the state to revoke the certificate as provided in this chapter.\n(b) A foreign corporation with a valid certificate of authority has the same rights and enjoys the same privileges as and, except as otherwise provided by this chapter, is subject to the same duties, restrictions, penalties, and liabilities now or later imposed on, a domestic corporation of like character.\n(c) This chapter does not authorize this state to regulate the organization or internal affairs of a foreign corporation authorized to transact business in this state.","path":["Title 4 Business and Commercial Law","Subtitle 3. Corporations and Associations","Chapter 33 The Arkansas Nonprofit Corporation Act of 1993","Subchapter 15 — Foreign Corporations","Part A — Certificate of Authority"],"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2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or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":"fcdc34df7f5e4dda5a9553aead5e1f55d62638ccbb93c90004f6f2670b10f66e","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-33-1504","next":"us-ar/ark.-code-ann.-4-33-1506"},"notice":"GroundRules: Original legal text. Not legal advice."}