Colorado § 11-103-706 Continuation of corporate entity

Colorado Statutes

§ 11-103-706 — Continuation of corporate entity

Colorado·Title 11 Financial·Art. Organization and

(1)The resulting state bank shall be considered the same business and corporate entity as each constituent bank with all of the rights, powers, and duties of each constituent bank, except as limited by the charter and bylaws of the resulting state bank.

(2)The resulting state bank has the right to use the name of any constituent bank whenever it can do any act under such name more conveniently.

(3)Any reference to any constituent bank in any writing, whether executed or taking effect before or after the merger, shall be deemed a reference to the resulting state bank if not inconsistent with the other provisions of such writing.

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(1) The resulting state bank
shall be considered the same business and corporate entity as each constituent
bank with all of the rights, powers, and duties of each constituent bank, except as
limited by the charter and bylaws of the resulting state bank.

(2) The resulting state bank has the right to use the name of any constituent
bank whenever it can do any act under such name more conveniently.

(3) Any reference to any constituent bank in any writing, whether executed
or taking effect before or after the merger, shall be deemed a reference to the
resulting state bank if not inconsistent with the other provisions of such writing.

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