Arkansas Code Annotated
Ark. Code Ann. § 4-32-1203 (2026)
Action on plan of conversion by converting limited liability company
✓ current as of May 2026
- Unless otherwise provided in writing in an operating agreement, a plan of conversion must be consented to by more than one-half (½) by number of the members of a converting limited liability company.
-
Subject to any contractual rights, until a conversion is filed under § 4-32-1204, a converting limited liability company may amend the plan or abandon the planned conversion:
- As provided in the plan; and
- Except as prohibited by the plan, by the same consent required to approve the plan.
History. Acts 2009, No. 408, § 5.
Notes of Decisions
Cited in 2
cases, 2006–2006 · leading case: Design Professionals Ins. v. Chicago Ins., 454 F.3d 906 (8th Cir. 2006).
Design Professionals Ins. v. Chicago Ins., 454 F.3d 906 (8th Cir. 2006). “The district court concluded that under the terms of the policy in order for two firms to “merge” they had to comply with the provisions of Ark.Code Ann. § 4-32-1203. Under that statute, a merger is not complete until the companies wishing to merge file articles of merger with…”
Design Professionals v. Chicago Ins. Co. (8th Cir. 2006). “If the combination of operations was a merger under the DPIC policy, then the policy covered the claim.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.