21-527. Definitions.
154 words·~1 min read·
/ne/chapter-21/21-527A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In sections 21-527 to 21-534 :
(1)After a merger or after the merger means when a merger under section 21-530 becomes effective and afterwards.
(2)Before a merger or before the merger means before a merger under section 21-530 becomes effective.
(3)Continuing protected series means a protected series of a surviving company which continues in uninterrupted existence after a merger under section 21-530 .
(4)Merging company means a limited liability company that is party to a merger under section 21-530 .
(5)Nonsurviving company means a merging company that does not continue in existence after a merger under section 21-530 .
(6)Relocated protected series means a protected series of a nonsurviving company which, after a merger under section 21-530 , continues in uninterrupted existence as a protected series of the surviving company.
(7)Surviving company means a merging company that continues in existence after a merger under section 21-530 .