30.0113 Articles of incorporation-Filing.

Cite as [A.S.C.A. § 30.0113]

When articles of incorporation and amendments to articles of incorporation of domestic or foreign corporations are presented to the Treasurer for the purpose of being filed, and the Treasurer is satisfied, after consultation with the Attorney General, that they are in proper form to meet the requirements of law and that their plan for doing business is honest and lawful, he shall file them; but if he is of the opinion that they are not in proper form to meet the require-ments of the law, or that their object is unlawful against public policy, or that their plan for doing business is dishonest or unlawful, he shall forward them to the Governor, who shall have the power to refuse to file them. The fact of filing shall not confer corporate status without the approval of the Governor.

History: 1962, PL 7-20; 1968, PL 10-69.