{"data":{"id":"us-ar/ark.-code-ann.-4-46-603","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-46-603","heading":"Effect of partner's dissociation","body":"(a) 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. (b) Upon a partner's dissociation: (1) the partner's right to participate in the management and conduct of the partnership business terminates, except as otherwise provided in § 4-46-803 ; (2) the partner's duty of loyalty under § 4-46-404(b)(3) terminates; and (3) 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 . Acts 1999, No. 1518, § 603.\n\n(a) 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.\n\n(b) Upon a partner's dissociation: (1) the partner's right to participate in the management and conduct of the partnership business terminates, except as otherwise provided in § 4-46-803 ; (2) the partner's duty of loyalty under § 4-46-404(b)(3) terminates; and (3) 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 .\n\n(1) the partner's right to participate in the management and conduct of the partnership business terminates, except as otherwise provided in § 4-46-803 ;\n\n(2) the partner's duty of loyalty under § 4-46-404(b)(3) terminates; and\n\n(3) 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 .","path":["AR Code","Title 4","Chapter 46","Subchapter 6"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"eb63fccd306f7efa090fb4cb5417e4d207b236481cb38c4e9f1b1e891af07337","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-46-602","next":"us-ar/ark.-code-ann.-4-46-701"},"notice":"GroundRules: Original legal text. Not legal advice."}