A series limited liability company may not be:
(1) an acquiring, acquired, converting, converted, domesticating, or domesticated entity; or
(2) except as otherwise provided in § 4-37-604, a party to or the surviving company of a merger.
Ark. Code Ann. § 4-37-603
Restriction on entity transaction involving protected series
Known as the Uniform Protected Series Act
The act spans §§ 4–4 (43 sections).
Acts 2019, No. 665, § 1.
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.