Section 10.50.550. Effect of merger or consolidation on property of companies.

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The real and personal property, the debts due, including promises to make capital contributions, other choses in action, and the other interests of the limited liability companies that are parties to a merger or consolidation belong to the surviving or resulting limited liability company without further action by the companies.

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(Sec. 1 ch 99 SLA 1994)

                    
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