Arkansas Statutes

§ 4-46-101 — Definitions

Arkansas·Title 4
(1)"Business" includes every trade, occupation, and profession.
(2)"Debtor in bankruptcy" means a person who is the subject of:
(i)an order for relief under Title 11 of the United States Code or a comparable order under a successor statute of general application; or (ii) a comparable order under federal, state, or foreign law governing insolvency.
(3)"Distribution" means a transfer of money or other property from a partnership to a partner in the partner's capacity as a partner or to the partner's transferee.
(4)"Foreign limited liability partnership" means a partnership that:
(i)is formed under laws other than the laws of this state; and (ii) has the status of a limited liability partnership under those laws.
(5)"Limited liability partnership" means a partnership that has filed a s

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Related

Chavers v. Epsco, Inc.
98 S.W.3d 421 (Supreme Court of Arkansas, 2003)
19 case citations
In re Comm. on Civ. Practice
2016 Ark. 29 (Supreme Court of Arkansas, 2016)

Legislative History

Acts 1999, No. 1518, § 101; 2009, No. 408, § 10.

Nearby Sections

15
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