Section 10-12-58 Applicability of Article 5 of Chapter 2A of Title 10. - Alabama Statutes

Section 10-12-58

Applicability of Article 5 of Chapter 2A of Title 10.

To the extent applicable, the provisions and requirements of Article 5 (commencing with Section 10-2A-140) of Chapter 2A of this title, relating to mergers of corporations, shall apply to mergers between corporations, domestic limited liability companies, and other business entities as defined by this chapter. Domestic limited liability companies and other business entities shall be treated as corporations for the purposes of applying the procedures, requirements, and effects prescribed in that Article 5.

(Acts 1993, No. 93-724, p. 1425, §58.)