If a partner dies, the deceased partner's personal representative or other legal representative may exercise the rights of a transferee as provided in § 4-47-702 and, for the purposes of settling the estate, may exercise the rights of a current limited partner under § 4-47-304.
Ark. Code Ann. § 4-47-704
Power of estate of deceased 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.