Iowa Code 489.14601 – Definitions
Current as of: 2023 | Check for updates
|
Other versions
As used in this part:
1. “After a merger” or “after the merger” means when a merger under section 489.14604 becomes effective and afterwards.
2. “Before a merger” or “before the merger” means before a merger under section 489.14604 becomes effective.
3. “Continuing protected series” means a protected series of a surviving company which continues in uninterrupted existence after a merger under section 489.14604.
4. “Merging company” means a limited liability company that is party to a merger under section 489.14604.
5. “Nonsurviving company” means a merging company that does not continue in existence after a merger under section 489.14604.
6. “Relocated protected series” means a protected series of a nonsurviving company which, after a merger under section 489.14604, 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 489.14604.