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21-527 Definitions.

NE Code § 21-527 (2019) (N/A)
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21-527. Definitions.

In sections 21-527 to 21-534:

(1) After a merger or after the merger means when a merger under section 21-530 becomes effective and afterwards.

(2) Before a merger or before the merger means before a merger under section 21-530 becomes effective.

(3) Continuing protected series means a protected series of a surviving company which continues in uninterrupted existence after a merger under section 21-530.

(4) Merging company means a limited liability company that is party to a merger under section 21-530.

(5) Nonsurviving company means a merging company that does not continue in existence after a merger under section 21-530.

(6) Relocated protected series means a protected series of a nonsurviving company which, after a merger under section 21-530, continues in uninterrupted existence as a protected series of the surviving company.

(7) Surviving company means a merging company that continues in existence after a merger under section 21-530.

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21-526 Effect of reinstatement of series limited liability company or revocation of voluntary dissolution.
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21-528 Protected series; prohibited acts.