Arkansas Code Annotated
Ark. Code Ann. § 4-46-904 (2020)
Filings required for conversion — Effective date
✓ Arkansas Code release r76: Acts through about 2020 (2021-2025 sessions missing)
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- After a plan of conversion is approved a converting partnership shall file articles of conversion with the Secretary of State.
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The articles of conversion shall include:
- A statement that the partnership has been converted into another organization;
- The name and form of the converted organization and the jurisdiction of its governing statute;
- The date the conversion is effective under the governing statute of the converted organization;
- A statement that the conversion was approved as required by this subchapter;
- A statement that the conversion was approved as required by the governing statute of the converted organization;
- A statement confirming that the converted organization has filed a statement appointing an agent for service of process under § 4-20-112 if the converted organization is a foreign organization not authorized to transact business in this state; and
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- A copy of the plan of conversion; or
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A statement that:
- Contains the address of an office of the organization where the plan of conversion is on file; and
- A copy of the plan of conversion will be furnished by the converting partnership on request and without cost to any partner of the converting partnership.
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- If the converting organization is not a converting partnership, the converting organization shall file a statement of qualification with the Secretary of State.
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The statement of qualification shall include, in addition to the information required by § 4-46-1001:
- A statement that the partnership was converted from another organization;
- The name and form of the converting organization and the jurisdiction of its governing statute; and
- A statement that the conversion was approved in a manner that complied with the converting organization's governing statute.
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A conversion becomes effective:
- If the converted organization is a partnership, when the articles of conversion indicate that the conversion takes effect; and
- If the converted organization is not a partnership, as provided by the governing statute of the converted organization.
History. Acts 2009, No. 408, § 6.