Arkansas Code § 4-46-907 - Action on Plan of Merger by Constituent Partnership

(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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Last modified: November 15, 2016