§ 21-527. Definitions.

In sections 21-527 to 21-534: (1) After a merger or after the merger means when a merger under section 21-530 becomes effective and afterwards. (2) Before a merger or before the merger means before a merger under section 21-530 becomes effective. (3) Continuing protected series means a protected series of a surviving company which continues in uninterrupted existence after a merger under section 21-530. (4) Merging company means a limited liability company that is party to a merger under section 21-530. (5) Nonsurviving company means a merging company that does not continue in existence after a merger under section 21-530. (6) Relocated protected series means a protected series of a nonsurviving company which, after a merger under section 21-530, continues in uninterrupted existence as a protected series of the surviving company. (7) Surviving company means a merging company that continues in existence after a merger under section 21-530. History: Laws 2018, LB1121, § 28.