A person becomes a limited partner:
(1) as provided in the partnership agreement;
(2) as the result of a conversion or merger under subchapter 11; or
(3) with the consent of all the partners.
Ark. Code Ann. § 4-47-301
Becoming limited partner
Known as the Uniform Limited Partnership Act
The act spans §§ 4–4 (110 sections).
Acts 2007, No. 15, § 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.