Arkansas § 4-37-803 - Transitional provisions.
Full text of Arkansas Arkansas Code of 1987 Annotated § 4-37-803 — Transitional provisions., with citation guidance and answers to common questions.
§ 4-37-803. Transitional provisions.
Before January 1, 2020, this chapter governs only: a series limited liability company formed, or a protected series established, on or after October 1, 2019; and a limited liability company that is a series limited liability company before October 1, 2019, and elects, in the manner provided in its operating agreement or by law for amending the operating agreement, to be subject to this chapter. If a series limited liability company elects under subdivision (a)(2) to be subject to this chapter: the election applies to each protected series of the company, whenever established; and a manager of the company has the right to sign and deliver to the Secretary of State for filing any record necessary to comply with this chapter, whether the record pertains to the company, a protected series of the company, or both. On and after January 1, 2020, this chapter governs all series limited liability companies and protected series. Until October 1, 2020, § 4-37-402 and § 4-37-404 do not apply to a foreign protected series that was established before October 1, 2019, or a foreign limited liability company that became a foreign series limited liability company before October 1, 2019.
Frequently Asked Questions About Arkansas § 4-37-803
What does Arkansas Code of 1987 Annotated § 4-37-803 cover?
Section 4-37-803 ("Transitional provisions.") 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 § 4-37-803?
A common citation format is "Arkansas Code of 1987 Annotated § 4-37-803" (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 § 4-37-803 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.