In this subchapter:
(1) “After a merger” or “after the merger” means when a merger under § 4-37-604 becomes effective and afterwards.
(2) “Before a merger” or “before the merger” means before a merger under § 4-37-604 becomes effective.
(3) “Continuing protected series” means a protected series of a surviving company which continues in uninterrupted existence after a merger under § 4-37-604.
(4) “Merging company” means a limited liability company that is party to a merger under § 4-37-604.
(5) “Non-surviving company” means a merging company that does not continue in existence after a merger under § 4-37-604.
(6) “Relocated protected series” means a protected series of a non-surviving company which, after a merger under § 4-37-604, continues in uninterrupted existence as a protected series of the surviving company.
(7) “Surviving company” means a merging company that continues in existence after a merger under § 4-37-604.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 37 - Uniform Protected Series Act
Subchapter 6 - Entity Transactions Restricted
§ 4-37-602. Protected series may not be party to entity transaction
§ 4-37-603. Restriction on entity transaction involving protected series
§ 4-37-604. Merger authorized — Parties restricted