Merger
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Law
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Georgia Code
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Corporations, Partnerships, and Associations
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Limited Liability Companies
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Merger
- Merger
- Pursuant to a written agreement, which, unless otherwise provided therein, will constitute the plan of merger required by Code Section 14-11-902 if it contains the provisions required by that Code section, a limited liability company may merge with or into one or more business entities with such limited liability company or other business entity as the agreement shall provide being the surviving limited liability company or other business entity.
- In the case of a merger involving a foreign limited liability company, foreign limited partnership, or foreign corporation, the merger may take place if:
- The merger is permitted by the law of the state or jurisdiction under whose laws each foreign constituent entity is organized or formed and each foreign constituent entity complies with that law in effecting the merger;
- The foreign constituent entity complies with Code Section 14-11-904 if it is the surviving entity of the merger; and
- Each limited liability company complies with the applicable provisions of this Code section, Code Sections 14-11-902 and 14-11-903, and, if it is the surviving entity, with Code Section 14-11-904.
(Code 1981, §14-11-901, enacted by Ga. L. 1993, p. 123, § 1; Ga. L. 1994, p. 97, § 14; Ga. L. 1995, p. 470, § 21; Ga. L. 2009, p. 108, § 12/HB 308.)
Law reviews. - For article, "The Georgia LLC Act Comes of Age," see 16 (No. 1) Ga. St. B. J. 20 (2010).
RESEARCH REFERENCES
ALR.
- Mergers, Acquisitions, and Reorganizations of Limited Liability Companies (LLCs) into other LLCs or other Business Entities, 44 A.L.R.7th Art. 2.
Claims Arising from Use of Diacetyl in Popcorn Manufacturing, 44 A.L.R.7th Art. 3.
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