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88 chapters · 2,278 sections in this title.
Ark. Code Ann. § 4-37-603 Restriction on entity transaction involving protected series
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(1) 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. (1) an acquiring, acquired, converting, c…
Ark. Code Ann. § 4-37-604 Merger authorized — Parties restricted
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(1) A series limited liability company may be party to a merger in accordance with § 4-38-1021, 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 mer…
Ark. Code Ann. § 4-37-605 Plan of merger
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(1) In a merger under § 4-37-604, the plan of merger must:(1) comply with § 4-38-1021; and(2) state in a record:(A) for any protected series of a non-surviving company, whether after the merger the protected series will be a relocated protected series or be dissolved, wound up, a…
Ark. Code Ann. § 4-37-606 Statement of merger
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(1) In a merger under § 4-37-604, the statement of merger must:(1) comply with § 4-38-1025; and(2) include as an attachment the following records, each to become effective when the merger becomes effective:(A) for a protected series of a merging company being terminated as a resu…