Ark. Code § 4-37-601

Current with legislation from 2024 Fiscal and Special Sessions.
Section 4-37-601 - Definitions

In this subchapter:

(1) "After a merger" or "after the merger" means when a merger under § 4-37-604 becomes effective and afterwards.
(2) "Before a merger" or "before the merger" means before a merger under § 4-37-604 becomes effective.
(3) "Continuing protected series" means a protected series of a surviving company which continues in uninterrupted existence after a merger under § 4-37-604.
(4) "Merging company" means a limited liability company that is party to a merger under § 4-37-604.
(5) "Non-surviving company" means a merging company that does not continue in existence after a merger under § 4-37-604.
(6) "Relocated protected series" means a protected series of a non-surviving company which, after a merger under § 4-37-604, continues in uninterrupted existence as a protected series of the surviving company.
(7) "Surviving company" means a merging company that continues in existence after a merger under § 4-37-604.

Ark. Code § 4-37-601

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