Arkansas § 4-38-1055 Statement of domestication - Effective date of domestication

Arkansas Statutes

§ 4-38-1055 — Statement of domestication - Effective date of domestication

(a)A statement of domestication must be signed by the domesticating limited liability company and delivered to the Secretary of State for filing.

(b)A statement of domestication must contain:

(1)the name and jurisdiction of formation of the domesticating limited liability company;

(2)the name and jurisdiction of formation of the domesticated limited liability company;

(3)if the domesticating limited liability company is a domestic limited liability company, a statement that the plan of domestication was approved in accordance with this part or, if the domesticating limited liability company is a foreign limited liability company, a statement that the domestication was approved in accordance with the law of its jurisdiction of formation; and (4) the certificate of organization of the d

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(a) A statement of domestication must be signed by the domesticating limited liability company and delivered to the Secretary of State for filing. (b) A statement of domestication must contain: (1) the name and jurisdiction of formation of the domesticating limited liability company; (2) the name and jurisdiction of formation of the domesticated limited liability company; (3) if the domesticating limited liability company is a domestic limited liability company, a statement that the plan of domestication was approved in accordance with this part or, if the domesticating limited liability company is a foreign limited liability company, a statement that the domestication was approved in accordance with the law of its jurisdiction of formation; and (4) the certificate of organization of the domesticated limited liability company, as an attachment. (c) In addition to the requirements of subsection (b), a statement of domestication may contain any other provision not prohibited by law. (d) The certificate of organization of a domestic domesticated limited liability company must satisfy the requirements of this chapter, but the certificate does not need to be signed. (e) A plan of domestication that is signed by a domesticating domestic 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 domestication and on filing has the same effect. If a plan of domestication is filed as provided in this subsection, references in this subchapter to a statement of domestication refer to the plan of domestication filed under this subsection. (f) If the domesticated entity is a domestic limited liability company, the domestication becomes effective when the statement of domestication is effective. If the domesticated entity is a foreign limited liability company, the domestication becomes effective on the later of: (1) the date and time provided by the organic law of the domesticated entity; and (2) when the statement is effective.

Arkansas § 4-38-1055 (Statement of domestication - Effective date of domestication) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.