Ark. Code § 4-37-603

Current with legislation from 2024 Fiscal and Special Sessions.
Section 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.

Ark. Code § 4-37-603

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