489.14602 Protected series shall not be party to entity transaction.
A protected series shall not do any of the following:
1. Be an acquiring, acquired, converting, converted, merging, or surviving entity.
2. Participate in a domestication.
3. Be a party to or be formed, organized, established, or created in a transaction substantially like a merger, interest exchange, conversion, or domestication.
2019 Acts, ch 26, §28, 41
Section takes effect July 1, 2020; 2019 Acts, ch 26, §41
NEW section