Action on plan of merger by constituent limited partnership

  1. Law
  2. Arkansas Code
  3. Business and Commercial Law
  4. Partnerships
  5. Uniform Limited Partnership Act (2001)
  6. Conversion and Merger
  7. Action on plan of merger by constituent limited partnership

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  1. (a) Subject to § 4-47-1110, a plan of merger must be consented to by all the partners of a constituent limited partnership.

  2. (b) Subject to § 4-47-1110 and any contractual rights, after a merger is approved, and at any time before a filing is made under § 4-47-1108, a constituent limited 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 as was required to approve the plan.


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