| | | E. The name of the survivor may but need not be substituted | | in any pending proceeding for the name of any party to the | | merger whose separate existence ceased in the merger; |
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| | | F. The articles of incorporation or organizational | | documents of the survivor are amended to the extent provided | | in the plan of merger; |
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| | | G. The articles of incorporation or organizational | | documents of a survivor that is created by the merger become | | effective; and |
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| | | H. The shares of each corporation that is a party to the | merger and the eligible interests in an other eligible | | entity that is a party to a merger that are to be converted | | under the plan of merger into shares, eligible interests, | obligations, rights to acquire securities shares, other | | securities or eligible interests, cash or other property or | | any combination thereof are converted, and the former | | holders of the shares or eligible interests are entitled | | only to the rights provided to them in the plan of merger or | | to any rights they may have under chapter 13 or the organic | | law of the eligible entity. |
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| | | 2. Share exchange. When a share exchange becomes effective, | | the shares of each domestic corporation that are to be exchanged | for shares or, other securities, eligible interests, obligations, | | rights to acquire shares or other securities or eligible | | interests, cash or other property or any combination thereof are | | entitled only to the rights provided to them in the plan of share | | exchange or to any rights they may have under chapter 13. |
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| | | 3. Shareholder's liabilities and obligations. A person who | | becomes subject to owner liability for some or all of the debts, | | liabilities or obligations of any entity as a result of a merger | | or share exchange has owner liability only to the extent provided | | in the organic law of the entity and only for those debts, | | liabilities and obligations that arise after the effective time | | of the articles of merger or share exchange. |
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| | | 4. Foreign corporation. When a merger becomes effective, a | foreign corporation or a foreign other eligible entity that is | | the survivor of the merger is deemed to: |
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| | | A. Appoint the Secretary of State as its agent for service of | | process in a proceeding to enforce the rights of shareholders of | | each domestic corporation that is a party to the merger who | | exercise appraisal rights and shall provide a |
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