Foreign corporations doing business in state

Arkansas Constitution (September 1874)

Ark. Const. art. XII, § 11 - 11
Permanent Link: http://vlex.com/vid/307343

Id. vLex: VLEX-307343

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Text:

Foreign corporations may be authorized to do business in this State, under such limitations and restrictions as may be prescribed by law; Provided: That no such corporation shall do any business in this State, except while it maintains therein one or more known places of business, and an authorized agent or agents in the same, upon whom process may be served; and, as to contracts made or business done in this State, they shall be subject to the same regulations, limitations and liabilities as like corporations of this State; and shall exercise no other or greater powers, privileges or franchises than may be exercised by like corporations of this State; nor shall they have power to condemn or appropriate private property.