47-25-15. Rights and duties of surviving corporation.
44 words·~1 min read·
/sd/title-47/chapter-47-25/47-25-15A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When a merger or consolidation has been effected pursuant to this chapter, the surviving or new corporation shall have all the rights, privileges, immunities, and powers and shall be subject to all the duties and liabilities of a corporation organized under chapter 47-22 .