Sec. 34-611. Merger authorized.

239 words·~1 min read·/ct/title-34/chapter-616-entity-transactions/34-611

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(a)Except as provided in subsection

(c)of this section, by complying with this part,

(1)one or more domestic entities may merge with one or more domestic or foreign entities into a domestic or foreign surviving entity, and

(2)two or more foreign entities may merge into a domestic entity.

(b)Except as provided in subsection

(c)of this section, by complying with the provisions of this part applicable to foreign entities, a foreign entity may be a party to a merger under this part or may be the surviving entity in such a merger, provided the merger is authorized by the law of the foreign entity's jurisdiction of organization.

(c)The provisions of this part shall not apply to a transaction involving:

(1)A merger between any two or more domestic corporations or one or more domestic corporations and one or more foreign corporations pursuant to chapter 601;

(2)A merger between any two or more domestic limited partnerships or one or more domestic limited partnerships and one or more foreign limited partnerships pursuant to chapter 610;

(3)A merger between two or more partnerships or limited liability partnerships pursuant to chapter 614;

(4)A merger between any two or more domestic limited liability companies or one or more domestic limited liability companies and one or more foreign limited liability companies pursuant to chapter 613; or

(5)A merger involving any entity referenced in section 34-608 .