California · Financial Code

FIN §161: “Constituent corporation,” when used with respect to a corporation: (a) In the case of a merger, has the meaning set forth in Section 161 of the Corporations Code.

What this law says, in plain English

This statute defines 'constituent corporation' in the context of a merger by referring to Section 161 of the Corporations Code.

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“Constituent corporation,” when used with respect to a corporation: (a) In the case of a merger, has the meaning set forth in Section 161 of the Corporations Code. (b) In the case of a consolidation, means a corporation that is consolidated with one or more other corporations.

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