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4-37-603. Restriction on entity transaction involving protected series.

Arkansas Code — all titles (historical 2020) · legal_authorities

4-37-603. Restriction on entity transaction involving protected series.

4-37-603. Restriction on entity transaction involving protected series. 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.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-37-603

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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Authority boundary: historical statutory source snapshot not current law.

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Record provenance

Stable record: arkansas_code:legal_authorities:4-37-603
Source file: gov.ar.code.title.04.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 80de78d486b1884092c788aa1c751d917cde67465155134823004156e9020bc4

Source location: content.xml paragraph 25365

Stored source content

4-37-603. Restriction on entity transaction involving protected series. 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.

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Arkansas Code — all titles (historical 2020) · legal_authorities

4-37-604. Merger authorized — Parties restricted.

4-37-604. Merger authorized — Parties restricted. A series limited liability company may be party to a merger in accordance with § 4-32-1206, this section, and § 4-37-605 through 4-37-608 only if: (1) each other party to the merger is a domestic limited liability company; and (2) the surviving company is not created in the merger.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-37-604

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 4-37-604. This identifies an authority to review, not proof of applicability.