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Section 4-46-903 - Action on plan of conversion by converting partnership — Arkansas Law | CourtGPT
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  2. Laws/
  3. Arkansas/
  4. Title 4 - Business and Commercial Law (§§ 4-1-101 — 4-119-105)/
  5. Subtitle 4 - Partnerships/
  6. Chapter 46 - Uniform Partnership Act (1996)sub/
  7. Subchapter 9 - Conversion and Merger/
  8. Section 4-46-903 - Action on plan of conversion by converting partnership
Arkansas Legal Code

Section 4-46-903 - Action on plan of conversion by converting partnership

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(a) Subject to § 4-46-910, a plan of conversion must be consented to by all of the partners of a converting partnership.(b) 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.Acts 2009, No. 408, § 6.