Action on plan of merger by constituent partnership

  1. Law
  2. Arkansas Code
  3. Business and Commercial Law
  4. Partnerships
  5. Uniform Partnership Act (1996)
  6. Conversion and Merger
  7. Action on plan of merger by constituent partnership

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

  2. (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. (1) As provided in the plan; and

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


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