47-25A-1. Definitions.
Terms used in this chapter, mean:
(1)"Conversion," a transaction authorized by §§47-25A-8 to 47-25A-22, inclusive;
(2)"Converting corporation," the domestic or foreign nonprofit or business corporation that approves a conversion pursuant to §§47-25A-8 to 47-25A-22, inclusive, or the applicable laws of the foreign jurisdiction;
(3)"Converting entity," the domestic or foreign entity that approves a conversion pursuant to §§47-25A-8 to 47-25A-22, inclusive;
(4)"Domesticated corporation," the domesticating corporation as it continues in existence after a domestication;
(5)"Domesticating corporation," the domestic nonprofit corporation that adopts a plan of domestication pursuant to §§47-25A-3 to 47-25A-7, inclusive, or the foreign nonprofit corporation that approves a domestication pursuant to the applicable laws of the foreign jurisdiction;
(6)"Domestication," a transaction authorized by §§47-25A-3 to 47-25A-7, inclusive;
(7)"Surviving corporation," the corporation as it continues in existence immediately after consummation of a for-profit conversion pursuant to §§47-25A-3 to 47-25A-22, inclusive;
(8)"Surviving entity," the unincorporated entity as it continues in existence immediately after consummation of an entity conversion pursuant to §§47-25A-3 to 47-25A-22, inclusive.
Source: SL 2016, ch 221, §16.