Who is responsible for reserving a corporate name in Arkansas?

The correct answer indicates that the Secretary of State is responsible for reserving a corporate name in Arkansas. This responsibility falls under the jurisdiction of the Secretary of State's office, which handles the registration and management of business entities within the state. When a business wants to reserve a name to ensure it is not used by another entity, it must submit a reservation request to the Secretary of State. This process is crucial because it protects the identity of the business and allows it to secure its branding before officially forming.

The other options do not have the authority to reserve corporate names. The Governor does not engage in business registrations, as their role covers broader state administration and leadership. Local Chambers of Commerce may provide support and resources for businesses but do not handle name reservations. Similarly, a Business Association may advocate for business interests but does not have the responsibility or authority to reserve corporate names in Arkansas.