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1993 vol. 2 bk. 2 1127 (1993)

handle is hein.ssl/ssar0066 and id is 1 raw text is: ACTS OF ARKANSAS

ACT 444
AN ACT to Repeal Arkansas Code § 4-25-104 Con-
cerning the Dissolution of Insolvent Corpora-
tions Instituted by a Stockholder or Creditor;
and for Other Purposes.
Be It Enacted by the General Assembly of the State
of Arkansas:
SECTION 1. Arkansas     Code   §4-25-104  is
repealed.
SECTION 2. The General Assembly deter-
mines that Arkansas Code §4-25-104 is no longer
necessary and should be repealed as the dissolution
of insolvent corporations is now comprehensively
covered by Arkansas Code §§4-26-1108, 4-27-1430,
and 4-59-201 et seq.
SECTION 3. All provisions of this act of a
general and permanent nature are amendatory to
the Arkansas Code of 1987 Annotated and the Ar-
kansas Code Revision Commission shall incorporate
the same in the Code.
SECTION 4. If any provision of this act or
the application thereof to any person or circum-
stance is held invalid, such invalidity shall not affect
other provisions or applications of the act which can
be given effect without the invalid provision or ap-
plication, and to this end the provisions of this act
are declared to be severable.
SECTION 5. All laws and parts of laws in
conflict with this act are hereby repealed.

ACT 4441

1127

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