§ 161
47 words·~1 min read·
/ca/financial-code/161A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
“Constituent corporation,” when used with respect to a corporation:
(a)In the case of a merger, has the meaning set forth in Section 161 of the Corporations Code.
(b)In the case of a consolidation, means a corporation that is consolidated with one or more other corporations.