Arkansas Statutes
§ 4-47-604 — Person's power to dissociate as general partner - Wrongful dissociation
Arkansas § 4-47-604
JurisdictionArkansas
Title4
This text of Arkansas § 4-47-604 (Person's power to dissociate as general partner - Wrongful dissociation) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ark. Code Ann. § 4-47-604 (2026).
Text
(a)A person has the power to dissociate as a general partner at any time, rightfully or wrongfully, by express will pursuant to § 4-47-603(1) .
(b)A person's dissociation as a general partner is wrongful only if:
(1)it is in breach of an express provision of the partnership agreement; or (2) it occurs before the termination of the limited partnership, and:
(A)the person withdraws as a general partner by express will;
(B)the person is expelled as a general partner by judicial determination under § 4-47-603(5) ;
(C)the person is dissociated as a general partner by becoming a debtor in bankruptcy; or (D) in the case of a person that is not an individual, trust other than a business trust, or estate, the person is expelled or otherwise dissociated as a general partner because it willfull
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Acts 2007, No. 15, § 1.
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
PresumptionsCite This Page — Counsel Stack
Bluebook (online)
Arkansas § 4-47-604, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/4-47-604.