Arkansas Code Title 4, Subtitle 4, Chapter 47, Subchapter 3 - Limited Partners

• § 4-47-301 - Becoming Limited Partner.
  A person becomes a limited partner: (1) as provided in the partnership agreement; (2) as the result of a conversion or merger under subchapter...
• § 4-47-302 - No Right or Power As Limited Partner to Bind Limited Partnership.
  A limited partner does not have the right or the power as a limited partner to act for or bind the limited partnership.
• § 4-47-303 - No Liability As Limited Partner for Limited Partnership Obligations.
  An obligation of a limited partnership, whether arising in contract, tort, or otherwise, is not the obligation of a limited partner. A limited partner...
• § 4-47-304 - Right of Limited Partner and Former Limited Partner to Information.
  (a) On 10 days' demand, made in a record received by the limited partnership, a limited partner may inspect and copy required information during...
• § 4-47-305 - Limited Duties of Limited Partners.
  (a) A limited partner does not have any fiduciary duty to the limited partnership or to any other partner solely by reason of being...
• § 4-47-306 - Person Erroneously Believing Self to Be Limited Partner.
  (a) Except as otherwise provided in subsection (b), a person that makes an investment in a business enterprise and erroneously but in good faith...

Last modified: November 15, 2016