Arkansas Code
Subchapter 1 - General Provisions
§ 4-37-103. Nature of protected series

A protected series of a series limited liability company is a person distinct from:
(1) the company, subject to § 4-37-104(c), § 4-37-501(1), and § 4-37-502(d);
(2) another protected series of the company;
(3) a member of the company, whether or not the member is an associated member of the protected series;
(4) a protected-series transferee of a protected series of the company; and
(5) a transferee of a transferable interest of the company.

Structure Arkansas Code