Arkansas § 4-37-302 - Associated member.
Full text of Arkansas Arkansas Code of 1987 Annotated § 4-37-302 — Associated member., with citation guidance and answers to common questions.
§ 4-37-302. Associated member.
Only a member of a series limited liability company may be an associated member of a protected series of the company. A member of a series limited liability company becomes an associated member of a protected series of the company if the operating agreement or a procedure established by the agreement states: that the member is an associated member of the protected series; the date on which the member became an associated member; and any protected-series transferable interest the associated member has in connection with becoming or being an associated member. If a person that is an associated member of a protected series of a series limited liability company is dissociated from the company, the person ceases to be an associated member of the protected series.
Frequently Asked Questions About Arkansas § 4-37-302
What does Arkansas Code of 1987 Annotated § 4-37-302 cover?
Section 4-37-302 ("Associated member.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 4-37-302?
A common citation format is "Arkansas Code of 1987 Annotated § 4-37-302" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 4-37-302 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.