§ 13-1-1099-19

When a merger under § 13.1-1099.16 becomes effective, in addition to the effects stated in § 13.1-1073:\n1. As provided in the plan of merger, each protected series of each merging company which was established before the merger:\na. Is a relocated protected series or continuing protected series; or\nb. Is dissolved, wound up, and canceled;\n2. Any protected series to be established as a result of the merger is established;\n3. Any relocated protected series or continuing protected series is the same person without interruption as it was before the merger;\n4. All property of a relocated protected series or continuing protected series continues to be vested in the protected series without transfer, reversion, or impairment;\n5. All debts, obligations, and other liabilities of a relocated protected series or continuing protected series continue as debts, obligations, and other liabilities of the protected series;\n6. Except as otherwise provided by law or the plan of merger, all the rights, privileges, immunities, powers, and purposes of a relocated protected series or continuing protected series remain in the protected series;\n7.

provided by law or the plan of merger, all the rights, privileges, immunities, powers, and purposes of a relocated protected series or continuing protected series remain in the protected series;\n7. The new name of a relocated protected series may be substituted for the former name of the protected series in any pending action or proceeding;\n8. If provided in the plan of merger:\na. A person becomes an associated member or protected series assignee of a relocated protected series or continuing protected series;\nb. A person becomes an associated member of a protected series established by the surviving company as a result of the merger;\nc. Any change in the rights or obligations of a person in the person's capacity as an associated member or protected series assignee of a relocated protected series or continuing protected series takes effect; and\nd. Any consideration to be paid to a person that before the merger was an associated member or protected series assignee of a relocated protected series or continuing protected series is due; and\n9. Any person that is a member of a relocated protected series becomes a member of the surviving company, if not already a member.\n2019,

protected series or continuing protected series is due; and\n9. Any person that is a member of a relocated protected series becomes a member of the surviving company, if not already a member.\n2019, c. 636.