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Ark. Code Ann. § 4-37-601

Definitions

Known as the Uniform Protected Series Act

The act spans §§ 4–4 (43 sections).

Acts 2019, No. 665, § 1.

In this subchapter:

(1) “After a merger” or “after the merger” means when a merger under § 4-37-604 becomes effective and afterwards.

(2) “Before a merger” or “before the merger” means before a merger under § 4-37-604 becomes effective.

(3) “Continuing protected series” means a protected series of a surviving company which continues in uninterrupted existence after a merger under § 4-37-604.

(4) “Merging company” means a limited liability company that is party to a merger under § 4-37-604.

(5) “Non-surviving company” means a merging company that does not continue in existence after a merger under § 4-37-604.

(6) “Relocated protected series” means a protected series of a non-surviving company which, after a merger under § 4-37-604, continues in uninterrupted existence as a protected series of the surviving company.

(7) “Surviving company” means a merging company that continues in existence after a merger under § 4-37-604.

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.