47-1A-950.5. Definition of terms applying to §§47-1A-950 to 47-1A-956.
Terms used in §§47-1A-950 to 47-1A-956, inclusive, mean:
(1)"Converting entity," the domestic business corporation or domestic unincorporated entity that adopts a plan of entity conversion or the foreign unincorporated entity converting to a domestic business corporation;
(2)"Surviving entity," the corporation or unincorporated entity that is in existence immediately after consummation of an entity conversion pursuant to §§47-1A-950 to 47-1A-956, inclusive.
Source: SL 2005, ch 239, §220.