Domestication--Domestic business corporation to be foreign business corporation.

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47-1A-920.1. Domestication--Domestic business corporation to be foreign business corporation.

A domestic business corporation may become a foreign business corporation if the domestication is permitted by the laws of the foreign jurisdiction. Regardless of whether the laws of the foreign jurisdiction require the adoption of a plan of domestication, the domestication shall be approved by the adoption by the corporation of a plan of domestication in the manner provided in §§47-1A-920 to 47-1A-925.1, inclusive.

Source: SL 2005, ch 239, §197.


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