Ark. Code Ann. » Title 4 Chapter 46
Arkansas Code Annotated

Ark. Code Ann. § 4-46-903 (2020)

Action on plan of conversion by converting partnership

✓ Arkansas Code release r76: Acts through about 2020 (2021-2025 sessions missing)
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  1. Subject to § 4-46-910, a plan of conversion must be consented to by all of the partners of a converting partnership.
  2. Subject to § 4-46-910 and any contractual rights, until a conversion is filed under § 4-46-904, a converting partnership may amend the plan or abandon the planned conversion:
    1. As provided in the plan; and
    2. Except as prohibited by the plan, by the same consent required to approve the plan.

History. Acts 2009, No. 408, § 6.