Miss. Code § 79-4-11.01

Current through the 2024 Regular Session

Section 79-4-11.01 - Definitions

As used in this chapter:

(a) "Merger" means a business combination pursuant to Section 79-4-11.02.

(b) "Organizational documents" means the basic document or documents that create, or determine the internal governance of, an eligible entity.

(c) "Party to a merger" or "party to a share exchange" means any domestic or foreign corporation or eligible entity that will:

(1) Merge under a plan of merger;

(2) Acquire shares or eligible interests of another corporation or eligible entity in a share exchange; or

(3) 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.

(d) "Share exchange" means a business combination pursuant to Section 79-4-11.03.

(e) "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.

Miss. Code § 79-4-11.01

Laws, 2000, ch. 469, § 15; Laws, 2012, ch. 481, § 26, eff. 1/1/2013.