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Section 4-47-1103 - Action on plan of conversion by converting limited 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 47 - Uniform Limited Partnership Act (2001)sub/
  7. Subchapter 11 - Conversion and Merger/
  8. Section 4-47-1103 - Action on plan of conversion by converting limited partnership
Arkansas Legal Code

Section 4-47-1103 - Action on plan of conversion by converting limited partnership

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(a) Subject to § 4-47-1110, a plan of conversion must be consented to by all the partners of a converting limited partnership.(b) Subject to § 4-47-1110 and any contractual rights, after a conversion is approved, and at any time before a filing is made under § 4-47-1104, a converting limited 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 as was required to approve the plan.Acts 2007, No. 15, § 1.