30-22-201. MERGER AUTHORIZED. (a) Except as otherwise provided in this section, by complying with this part:
(1) One (1) or more domestic entities may merge with one (1) or more domestic or foreign entities into a domestic or foreign surviving entity; and
(2) Two (2) or more foreign entities may merge into a domestic entity.
(b) Except as otherwise provided in this section, by complying with the provisions of this part applicable to foreign entities, a foreign entity may be a party to a merger under this part or may be the surviving entity in such a merger if the merger is authorized by the law of the foreign entity’s jurisdiction of formation.
History:
[30-22-201, added 2015, ch. 243, sec. 18, p. 790.]
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