RS 12:1-1101 - Definitions As used in this Part, the following meanings shall apply: A. 'Merger' means a business combination pursuant to R.S. 12:1-1102. B. 'Party to a merger' or 'party to a share exchange' means any domestic or foreign corporation or eligible entity that will do any of the following: (1) Merge under a plan of merger. (2) Acquire shares or eligible interests of another corporation or an eligible entity in a share exchange. (3) 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. C. 'Share exchange' means a business combination pursuant to R.S. 12:1-1103. D. '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. Acts 2014, No. 328, §1, eff. Jan. 1, 2015.
Louisiana Legal Code