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Section 4-37-603 - Restriction on entity transaction involving protected series — Arkansas Law | CourtGPT
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  4. Title 4 - Business and Commercial Law (§§ 4-1-101 — 4-119-105)/
  5. Subtitle 3 - Corporations and Associations/
  6. Chapter 37 - Uniform Protected Series Act Sub/
  7. Subchapter 6 - Entity Transactions Restricted/
  8. Section 4-37-603 - Restriction on entity transaction involving protected series
Arkansas Legal Code

Section 4-37-603 - Restriction on entity transaction involving protected series

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