2014 Statute
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17-78-201. Merger authorized. (a) Except as otherwise provided in this section, by complying with K.S.A. 2014 Supp. 17-78-201 through 17-78-206, and amendments thereto: (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 otherwise provided in this section, by complying with the provisions of K.S.A. 2014 Supp. 17-78-201 through 17-78-206, and amendments thereto, applicable to foreign entities a foreign entity may be a party to a merger under K.S.A. 2014 Supp. 17-78-201 through 17-78-206, and amendments thereto, or may be the surviving entity in such a merger if the merger is authorized by the law of the foreign entity's jurisdiction of organization. (c) K.S.A. 2014 Supp. 17-78-201 through 17-78-206, and amendments thereto, do not apply to the following mergers: (1) A merger between any two or more domestic corporations or one or more domestic corporations and one or more foreign corporations pursuant to K.S.A. 17-6701 et seq., and amendments thereto; (2) a merger between any two or more partnerships pursuant to K.S.A. 56a-905, and amendments thereto; or (3) 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 K.S.A. 17-7681, and amendments thereto. |
History: L. 2009, ch. 47, § 11; L. 2010, ch. 38, § 1; July 1. |
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