Ark. Code Ann. § 4-37-103

Nature of protected series

Known as the Uniform Protected Series Act

The act spans §§ 4–4 (43 sections).

Acts 2019, No. 665, § 1.

A protected series of a series limited liability company is a person distinct from:

(1) the company, subject to § 4-37-104(c), § 4-37-501(1), and § 4-37-502(d);

(2) another protected series of the company;

(3) a member of the company, whether or not the member is an associated member of the protected series;

(4) a protected-series transferee of a protected series of the company; and

(5) a transferee of a transferable interest of the company.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.