Ark. Code § 4-37-503

Current with legislation from 2024 Fiscal and Special Sessions.

Section 4-37-503 - Effect of reinstatement of series limited liability company or revocation of voluntary dissolution

If a series limited liability company that has been administratively dissolved is reinstated, or a series limited liability company that voluntarily dissolved rescinds its dissolution:

(1) each protected series of the company ceases winding up; and

(2) section 4-38-202 applies to each protected series of the company in accordance with § 4-37-108.

Ark. Code § 4-37-503

Amended by Act 2021, No. 1041,§ 19, eff. 7/28/2021.

Added by Act 2019, No. 665,§ 1, eff. 7/24/2019.