Section 11.01: Definitions
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/ma/part-i/title-xxii/chapter-156d/11·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 11.01. DEFINITIONS
As used in this PART:
''Interests'', includes any form of membership in a domestic or foreign nonprofit corporation.
''Merger'', a business combination pursuant to section 11.02.
''Other entity'', includes a domestic or foreign nonprofit corporation.
''Party to a merger'' or ''party to a share exchange'', any domestic or foreign corporation or other entity that will either:
(1)merger under a plan of merger;
(2)acquire shares or interests of another corporation or an other entity in a share exchange; or
(3)have all of its shares or interests or all of one or more classes or series of its shares or interests acquired in a share exchange.
''Share exchange'', a business combination pursuant to section 11.03.
''Survivor'', in a merger, the corporation or other entity into which one or more other corporations or other entities are merged. A survivor of a merger may preexist the merger or be created by the merger.