Arkansas Statutes
§ 4-37-103 — Nature of protected series
Arkansas·Title 4
A protected series of a series limited liability company is a person distinct from:
(1)the company, subject to § 4-37-104(c) , § 4-37-501(1) , and § 4-37-502(d) ;
(2)another protected series of the company;
(3)a member of the company, whether or not the member is an associated member of the protected series;
(4)a protected-series transferee of a protected series of the company; and (5) a transferee of a transferable interest of the company.
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Legislative History
Added by Act 2019, No. 665,§ 1, eff. 7/24/2019.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of subtitle§ 4-1-104
Construction against implicit repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - Gender§ 4-1-107
Section captions§ 4-1-201
General definitions§ 4-1-202
Notice - Knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - Seasonableness§ 4-1-206
Presumptions