(a) Constituent entities that are mutual benefit enterprises or foreign enterprises may agree to call a merger a consolidation under this article.

(b) All provisions governing mergers or using the term "merger" in this title apply equally to mergers that the constituent entities choose to call consolidations under subsection (a) of this section. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)