(a) A partnership may merge with one (1) or more other constituent organizations under this section and §§ 4-46-907 — 4-46-909 and a plan of merger if:
(1) The governing statute of each of the other organizations authorizes the merger;
(2) The merger is not prohibited by the law of a jurisdiction that enacted any of the governing statutes; and
(3) Each of the other organizations complies with its governing statute in effecting the merger.
(b) A plan of merger must be in a record and must include:
(1) The name and form of each constituent organization;
(2) The name and form of the surviving organization;
(3) The terms and conditions of the merger, including the manner and basis for converting the interests in each constituent organization into any combination of money, interests in the surviving organization, and other consideration; and
(4) Any amendments to be made by the merger to the surviving organization's organizational documents.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Chapter 46 - Uniform Partnership Act (1996)
Subchapter 9 - Conversion and Merger
§ 4-46-903. Action on plan of conversion by converting partnership
§ 4-46-904. Filings required for conversion — Effective date
§ 4-46-905. Effect of conversion
§ 4-46-907. Action on plan of merger by constituent partnership
§ 4-46-908. Filings required for merger — Effective date