Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 40-508 - Same; merger and consolidation definedAs used in this act:
(a) "Merger" means the union of two (2) or more companies into a single company which is one of the companies so uniting.(b) "Consolidation" means the joining of two (2) or more companies in a manner so that a single new consolidated company results therefrom.L. 1980, ch. 135, § 1; July 1.