Arkansas Code Title 4, Subtitle 4, Chapter 47, Subchapter 1 - General Provisions
- § 4-47-101 - Short Title.
This chapter may be cited as the Uniform Limited Partnership Act (2001).
- § 4-47-102 - Definitions.
In this chapter: (1) "Certificate of limited partnership" means the certificate required by § 4-47-201. The term includes the certificate as amended or restated....
- § 4-47-103 - Knowledge and Notice.
(a) A person knows a fact if the person has actual knowledge of it.(b) A person has notice of a fact if the person:...
- § 4-47-104 - Nature, Purpose, and Duration of Entity.
(a) A limited partnership is an entity distinct from its partners. A limited partnership is the same entity regardless of whether its certificate states...
- § 4-47-105 - Powers.
A limited partnership has the powers to do all things necessary or convenient to carry on its activities, including the power to sue, be...
- § 4-47-106 - Governing Law.
The law of this State governs relations among the partners of a limited partnership and between the partners and the limited partnership and the...
- § 4-47-107 - Supplemental Principles of Law -- Rate of Interest.
Unless displaced by particular provisions of this chapter, the principles of law and equity supplement this chapter.
- § 4-47-108 - Name.
(a) The name of a limited partnership may contain the name of any partner.(b) The name of a limited partnership that is not a...
- § 4-47-109 - Reservation of Name.
(a) The exclusive right to the use of a name that complies with § 4-47-108 may be reserved by: (1) a person intending to...
- § 4-47-110 - Effect of Partnership Agreement -- Nonwaivable Provisions.
(a) Except as otherwise provided in subsection (b), the partnership agreement governs relations among the partners and between the partners and the partnership. To...
- § 4-47-111 - Required Information.
A limited partnership shall maintain at its designated office the following information: (1) a current list showing the full name and last known street...
- § 4-47-112 - Business Transactions of Partner With Partnership.
A partner may lend money to and transact other business with the limited partnership and has the same rights and obligations with respect to...
- § 4-47-113 - Dual Capacity.
A person may be both a general partner and a limited partner. A person that is both a general and limited partner has the...
- § 4-47-114 - Office and Agent for Service of Process.
(a) A limited partnership shall designate and continuously maintain in this State: (1) an office, which need not be a place of its activity...
- § 4-47-115 - Change of Designated Office.
(a) In order to change its designated office, a limited partnership or a foreign limited partnership may deliver to the Secretary of State for...
- § 4-47-116, 4-47-117 - [Reserved.]
- § 4-47-118 - Consent and Proxies of Partners.
Action requiring the consent of partners under this chapter may be taken without a meeting, and a partner may appoint a proxy to consent...
Last modified: November 15, 2016