§ 304-c-155

304-C:155 Mergers of Limited Liability Companies-In General. – I. Unless the operating agreement provides otherwise and subject to any law applicable to other business entities or foreign limited liability companies that are parties to the merger, one or more domestic limited liability companies may merge with or into one or more foreign limited liability companies or domestic limited liability companies or other business entities, with any party to the merger being the surviving entity. II. Rights or securities of or interests in a constituent entity may be exchanged for or converted into cash, property, obligations, rights, or securities of or interests in the surviving entity or of any other business entity. Source. 2012, 232:2, eff. Jan. 1, 2013. 2018, 222:2, eff. Aug. 7, 2018.