CHAPTER 31B. UNIFORM LIMITED LIABILITY COMPANY ACT.

ARTICLE 14. UNIFORM PROTECTED SERIES ACT.

§31B-14-601. Definitions.

In this article:

"After a merger" or "after the merger" means when a merger under §31B-14-604 of this code becomes effective and afterwards.

"Before a merger" or "before the merger" means before a merger under §31B-14-604 of this code becomes effective.

"Continuing protected series" means a protected series of a surviving company which continues in uninterrupted existence after a merger under §31B-14-604 of this code.

"Merging company" means a limited liability company that is party to a merger under §31B-14-604 of this code.

"Non-surviving company" means a merging company that does not continue in existence after a merger under §31B-14-604 of this code.

"Relocated protected series" means a protected series of a non-surviving company which, after a merger under §31B-14-604 of this code, continues in uninterrupted existence as a protected series of the surviving company.

"Surviving company" means a merging company that continues in existence after a merger under §31B-14-604 of this code.

Bill History For §31B-14-601