When an exchange takes effect, the owners' interests of each acquired entity are exchanged as provided in the plan, and the former holders of the owners' interests are entitled only to the exchange rights provided in the statement of owner's interest exchange or to their rights under the organic statutes.
Source: L. 2019: Entire section added with relocations, (SB 19-086), ch. 166, p. 1918, § 14, effective July 1, 2020.
Editor's note: This section is similar to former § 7-111-106 (2) as it existed prior to July 1, 2020.