Arkansas Code Title 4, Subtitle 4, Chapter 46, Subchapter 2 - Nature of Partnership
§ 4-46-201 - Partnership As Entity.
(a) A partnership is an entity distinct from its partners.(b) A limited liability partnership continues to be the same entity that existed before the...
§ 4-46-202 - Formation of Partnership.
(a) Except as otherwise provided in subsection (b) of this section, the association of two (2) or more persons to carry on as co-owners...
§ 4-46-203 - Partnership Property.
Property acquired by a partnership is property of the partnership and not of the partners individually.