(a) Subject to § 4-47-1110, a plan of conversion must be consented to by all the partners of a converting limited partnership.
(b) Subject to § 4-47-1110 and any contractual rights, after a conversion is approved, and at any time before a filing is made under § 4-47-1104, a converting limited partnership may amend the plan or abandon the planned conversion:
(1) as provided in the plan; and
(2) except as prohibited by the plan, by the same consent as was required to approve the plan.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Chapter 47 - Uniform Limited Partnership Act (2001)
Subchapter 11 - Conversion and Merger
§ 4-47-1103. Action on plan of conversion by converting limited partnership
§ 4-47-1104. Filings required for conversion — Effective date
§ 4-47-1105. Effect of conversion
§ 4-47-1107. Action on plan of merger by constituent limited partnership
§ 4-47-1108. Filings required for merger — Effective date
§ 4-47-1111. Liability of general partner after conversion or merger