South Dakota § 47-1A-1101 Definitions.

South Dakota Statutes

§ 47-1A-1101 — Definitions.

South Dakota·Title 47 CORPORATIONS·Ch. 47-1 SOUTH DAKOTA BUSINESS CORPORATION ACT

Terms used in §§ to 47-1A-1108 , inclusive, mean:

(1)"Merger," a business combination pursuant to §§ 47-1A-1102 to 47-1A-1102.5 , inclusive;

(2)"Party to a merger" or "party to a share exchange," any domestic or foreign corporation or eligible entity that will:

(a)Merge under a plan of merger;

(b)Acquire shares or eligible interests of another corporation or an eligible entity in a share exchange; or (c) Have all of its shares or eligible interests or all of one or more classes or series of its shares or eligible interests acquired in a share exchange;

(3)"Share exchange," a business combination pursuant to §§ 47-1A-1103 to 47-1A-1103.5 , inclusive;

(4)"Survivor," in a merger means the corporation or eligible entity into which one or more other corporations or el

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Terms used in §§ to 47-1A-1108 , inclusive, mean: (1) "Merger," a business combination pursuant to §§ 47-1A-1102 to 47-1A-1102.5 , inclusive; (2) "Party to a merger" or "party to a share exchange," any domestic or foreign corporation or eligible entity that will: (a) Merge under a plan of merger; (b) Acquire shares or eligible interests of another corporation or an eligible entity in a share exchange; or (c) Have all of its shares or eligible interests or all of one or more classes or series of its shares or eligible interests acquired in a share exchange; (3) "Share exchange," a business combination pursuant to §§ 47-1A-1103 to 47-1A-1103.5 , inclusive; (4) "Survivor," in a merger means the corporation or eligible entity into which one or more other corporations or eligible entities are merged. A survivor of a merger may preexist the merger or be created by the merger.

South Dakota § 47-1A-1101 (Definitions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.