A. By complying with this article, one or more domestic entities may merge with one or more domestic or foreign entities.

Terms Used In Arizona Laws 29-2201

  • Entity: means any of the following:

    (a) A corporation. See Arizona Laws 29-2102

  • Foreign entity: means an entity other than a domestic entity. See Arizona Laws 29-2102
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Merger: means a transaction authorized by article 2 of this chapter. See Arizona Laws 29-2102
  • Merging entity: means an entity that is a party to a merger and that exists immediately before the merger becomes effective. See Arizona Laws 29-2102
  • Surviving entity: means the entity that continues in existence after, or that is organized as a result of, a merger. See Arizona Laws 29-2102

B. A foreign entity may be a merging entity in a merger under this article 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 organization.

 

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