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4-37-201. Protected series designation — Amendment.
Arkansas Code — all titles (historical 2020) · legal_authorities
4-37-201. Protected series designation — Amendment.
(a) With the affirmative vote or consent of all members of a limited liability company, the company may establish a protected series.
(b) To establish a protected series, a limited liability company shall deliver to the Secretary of State for filing a protected series designation, signed by the company, stating the name of the company and the name of the protected series to be established.
(c) A protected series is established when the protected series designation takes effect under § 4-32-206.
(d) To amend a protected series designation, a series limited liability company shall deliver to the Secretary of State for filing a statement of designation change, signed by the company, that changes the name of the company, the name of the protected series to which the designation applies, or both. The change takes effect when the statement of designation change takes effect under § 4-32-206.
(e) A record signed by a limited liability company must be signed by a person authorized by the company.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-37-201
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:4-37-201
Source file: gov.ar.code.title.04.odt
Pages: Not recorded – Not recorded
Passage SHA-256: dfaaf46d6aec89a0488b22e2a6087db574536d4dc651f53b92f7b54fca297451
Source location: content.xml paragraph 25096
Stored source content
4-37-201. Protected series designation — Amendment.
(a) With the affirmative vote or consent of all members of a limited liability company, the company may establish a protected series.
(b) To establish a protected series, a limited liability company shall deliver to the Secretary of State for filing a protected series designation, signed by the company, stating the name of the company and the name of the protected series to be established.
(c) A protected series is established when the protected series designation takes effect under § 4-32-206.
(d) To amend a protected series designation, a series limited liability company shall deliver to the Secretary of State for filing a statement of designation change, signed by the company, that changes the name of the company, the name of the protected series to which the designation applies, or both. The change takes effect when the statement of designation change takes effect under § 4-32-206.
(e) A record signed by a limited liability company must be signed by a person authorized by the company.
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Arkansas Code — all titles (historical 2020) · legal_authorities
4-32-206. Effect of delivery or filing of articles of organization.
(a) Unless a delayed effective date is recited in the articles of organization, a limited liability company is formed when the articles of organization are delivered to the Secretary of State for filing, even if the Secretary of State is unable at the time of delivery to make the determination required for filing by § 4-32-1308. If the articles of organization, as delivered to the Secretary of State, do not conform to the filing provisions of this chapter and are not brought into conformance within the time period prescribed by § 4-32-1308, the existence of the limited liability company terminates at the end of such time period.
(b) Each copy of the articles of organization stamped “filed” and marked with the filing date is conclusive evidence that all conditions precedent required to be performed by the organizers have been complied with and that the limited liability company has been legally organized and formed under this chapter.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-32-206
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 4-32-206. This identifies an authority to review, not proof of applicability.