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2016 Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 4 - Partnerships
Chapter 46 - Uniform Partnership Act (1996)
Subchapter 9 - -- Conversion and Merger
§ 4-46-907. Action on plan of merger by constituent partnership

AR Code § 4-46-907 (2016) What's This?

(a) Subject to § 4-46-910, a plan of merger must be consented to by all of the partners of a constituent partnership.

(b) Subject to § 4-46-910 and to any contractual rights, until a merger is filed under § 4-46-908, a constituent partnership may amend the plan or abandon the planned merger:

(1) As provided in the plan; and

(2) Except as prohibited by the plan, with the same consent required to approve the plan.

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