Arkansas § 4-37-201 Protected series designation - Amendment

Arkansas Statutes

§ 4-37-201 — Protected series designation - Amendment

(a)With the affirmative vote or consent of all members of a limited liability company, the company may establish a protected series.

(b)To establish a protected series, a limited liability company shall deliver to the Secretary of State for filing a protected series designation, signed by the company, stating the name of the company and the name of the protected series to be established.

(c)A protected series is established when the protected series designation takes effect under § 4-38-207 .

(d)To amend a protected series designation, a series limited liability company shall deliver to the Secretary of State for filing a statement of designation change, signed by the company, that changes the name of the company, the name of the protected series to which the designation applies, or bo

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(a) With the affirmative vote or consent of all members of a limited liability company, the company may establish a protected series. (b) To establish a protected series, a limited liability company shall deliver to the Secretary of State for filing a protected series designation, signed by the company, stating the name of the company and the name of the protected series to be established. (c) A protected series is established when the protected series designation takes effect under § 4-38-207 . (d) To amend a protected series designation, a series limited liability company shall deliver to the Secretary of State for filing a statement of designation change, signed by the company, that changes the name of the company, the name of the protected series to which the designation applies, or both. The change takes effect when the statement of designation change takes effect under § 4-38-207 . (e) A record signed by a limited liability company must be signed by a person authorized by the company.

Arkansas § 4-37-201 (Protected series designation - Amendment) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Act 2021, No. 1041,§ 11, eff. 7/28/2021. Amended by Act 2021, No. 1041,§ 10, eff. 7/28/2021. Added by Act 2019, No. 665,§ 1, eff. 7/24/2019.