Arkansas § 4-38-1035 Statement of interest exchange; Effective date of interest exchange

Arkansas Statutes

§ 4-38-1035 — Statement of interest exchange; Effective date of interest exchange

(a)A statement of interest exchange must be signed by a domestic acquired limited liability company and delivered to the Secretary of State for filing.

(b)A statement of interest exchange must contain:

(1)the name of the acquired limited liability company;

(2)the name, jurisdiction of formation, and type of entity of the acquiring entity;

(3)a statement that the plan of interest exchange was approved by the acquired company in accordance with this part; and (4) any amendments to the acquired company's certificate of organization approved as part of the plan of interest exchange.

(c)In addition to the requirements of subsection (b), a statement of interest exchange may contain any other provision not prohibited by law.

(d)A plan of interest exchange that is signed by a domestic acqui

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(a) A statement of interest exchange must be signed by a domestic acquired limited liability company and delivered to the Secretary of State for filing. (b) A statement of interest exchange must contain: (1) the name of the acquired limited liability company; (2) the name, jurisdiction of formation, and type of entity of the acquiring entity; (3) a statement that the plan of interest exchange was approved by the acquired company in accordance with this part; and (4) any amendments to the acquired company's certificate of organization approved as part of the plan of interest exchange. (c) In addition to the requirements of subsection (b), a statement of interest exchange may contain any other provision not prohibited by law. (d) A plan of interest exchange that is signed by a domestic acquired limited liability company and meets all the requirements of subsection (b) may be delivered to the Secretary of State for filing instead of a statement of interest exchange and on filing has the same effect. If a plan of interest exchange is filed as provided in this subsection, references in this subchapter to a statement of interest exchange refer to the plan of interest exchange filed under this subsection. (e) An interest exchange becomes effective when the statement of interest exchange is effective.

Arkansas § 4-38-1035 (Statement of interest exchange; Effective date of interest exchange) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.