Current through the 2024 Legislative Session
Section 47-1A-1101 - DefinitionsTerms used in §§ 47-1A-1101 to 47-1A-1108, inclusive, mean:
(1) "Merger," a business combination pursuant to §§ 47-1A-1102 to 47-1A-1102.5, inclusive;(2) "Party to a merger" or "party to a share exchange," any domestic or foreign corporation or eligible entity that will:(a) Merge under a plan of merger;(b) Acquire shares or eligible interests of another corporation or an eligible entity in a share exchange; or(c) Have all of its shares or eligible interests or all of one or more classes or series of its shares or eligible interests acquired in a share exchange;(3) "Share exchange," a business combination pursuant to §§ 47-1A-1103 to 47-1A-1103.5, inclusive;(4) "Survivor," in a merger means the corporation or eligible entity into which one or more other corporations or eligible entities are merged. A survivor of a merger may preexist the merger or be created by the merger.