Arkansas Code § 4-47-1107 - Action on Plan of Merger by Constituent Limited Partnership

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

(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) as provided in the plan; and

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

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Last modified: November 15, 2016