Kansas Statutes

§ 56a-906 — Effect of merger

Kansas·Ch. 56a KANSAS UNIFORM PARTNERSHIP ACT·Art. 9 CONVERSIONS AND MERGERS
(a)When a merger takes effect:
(1)The separate existence of every partnership that is a party to the merger, other than the surviving entity, ceases;
(2)all property owned by each of the merged partnerships vests in the surviving partnership;
(3)all obligations of every partnership that is a party to the merger are the obligations of the surviving partnership;
(4)an action or proceeding pending against a partnership that is a party to the merger may be continued as if the merger had not occurred, or the surviving partnership may be substituted as a party to the action or proceeding; and
(5)if the plan of merger provides for a person to become a partner in a surviving domestic partnership, the person becomes a partner without the need for the consent that would otherwise be required b

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Related

Welch v. via Christi Health Partners, Inc.
133 P.3d 122 (Supreme Court of Kansas, 2006)
11 case citations

Legislative History

L. 1998, ch. 93, § 50; L. 2009, ch. 47, § 48; July 1, 2010.

Nearby Sections

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