§ 4-46-903. Action on plan of conversion by converting partnership

AR Code § 4-46-903 (2018) (N/A)
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(a) Subject to § 4-46-910, a plan of conversion must be consented to by all of the partners of a converting partnership.

(b) Subject to § 4-46-910 and any contractual rights, until a conversion is filed under § 4-46-904, a converting 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 required to approve the plan.