47-1A-950.5. Definition of terms applying to §§ 47-1A-950 to 47-1A-956.
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Terms used in §§ 47-1A-950 to 47-1A-956 , inclusive, mean:
(1)"Converting entity," the domestic business corporation or domestic unincorporated entity that adopts a plan of entity conversion or the foreign unincorporated entity converting to a domestic business corporation;
(2)"Surviving entity," the corporation or unincorporated entity that is in existence immediately after consummation of an entity conversion pursuant to §§ 47-1A-950 to 47-1A-956 , inclusive.