Kansas Statutes 17-1641. Effect of merger on pending actions
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Kansas Statutes 17-1641
- Association: means any corporation organized under this act. See Kansas Statutes 17-1602
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Any action or proceeding, whether civil, criminal or administrative, pending by or against any association or corporation which is a party to a merger or consolidation shall be prosecuted as if such merger or consolidation had not taken place, or the association or corporation surviving or resulting from such merger or consolidation may be substituted in such action or proceeding.