§ 4-46-907 - Action on plan of merger by constituent partnership. - Arkansas Statutes

4-46-907. Action on plan of merger by constituent partnership.

(a) Subject to 4-46-910, a plan of merger must be consented to by all of the partners of a constituent partnership.

(b) Subject to 4-46-910 and to any contractual rights, until a merger is filed under 4-46-908, a constituent partnership may amend the plan or abandon the planned merger:

(1) As provided in the plan; and

(2) Except as prohibited by the plan, with the same consent required to approve the plan.