Arkansas § 4-46-603 - Effect of partner's dissociation.
Full text of Arkansas Arkansas Code of 1987 Annotated § 4-46-603 — Effect of partner's dissociation., with citation guidance and answers to common questions.
§ 4-46-603. Effect of partner's dissociation.
If a partner's dissociation results in a dissolution and winding up of the partnership business, § 4-46-801 et seq. applies; otherwise, § 4-46-701 et seq. applies. Upon a partner's dissociation: the partner's right to participate in the management and conduct of the partnership business terminates, except as otherwise provided in § 4-46-803; the partner's duty of loyalty under § 4-46-404(b)(3) terminates; and the partner's duty of loyalty under § 4-46-404(b)(1) and (2) and duty of care under § 4-46-404(c) continue only with regard to matters arising and events occurring before the partner's dissociation, unless the partner participates in winding up the partnership's business pursuant to § 4-46-803.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 4-46-603
What does Arkansas Code of 1987 Annotated § 4-46-603 cover?
Section 4-46-603 ("Effect of partner's dissociation.") 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 § 4-46-603?
A common citation format is "Arkansas Code of 1987 Annotated § 4-46-603" (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 § 4-46-603 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.