Ark. Code Ann. § 4-47-1107

Action on plan of merger by constituent limited partnership

Known as the Uniform Limited Partnership Act

The act spans §§ 4–4 (110 sections).

Acts 2007, No. 15, § 1.

(1) Subject to § 4-47-1110, a plan of merger must be consented to by all the partners of a constituent limited partnership.

(2) Subject to § 4-47-1110 and any contractual rights, after a merger is approved, and at any time before a filing is made under § 4-47-1108, a constituent limited partnership may amend the plan or abandon the planned merger: as provided in the plan; and

(3) except as prohibited by the plan, with the same consent as was required to approve the plan.

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.