| | | D.__All debts, liabilities and other obligations of each | | constituent organization that ceases to exist continue as | | obligations of the surviving organization; |
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| | | E.__An action or proceeding pending by or against any | | constituent organization that ceases to exist may be | | continued as if the merger had not occurred; |
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| | | F.__Except as prohibited by other law, all of the rights, | | privileges, immunities, powers and purposes of each | | constituent organization that ceases to exist vest in the | | surviving organization; |
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| | | G.__Except as otherwise provided in the plan of merger, the | | terms and conditions of the plan of merger take effect; |
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| | | H.__Except as otherwise agreed, if a constituent limited | | partnership ceases to exist, the merger does not dissolve | | the limited partnership for the purposes of subchapter 8; |
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| | | I.__If the surviving organization is created by the merger: |
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| | | (1)__If the surviving organization is a limited | | partnership, the certificate of limited partnership | | becomes effective; or |
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| | | (2)__If the surviving organization is an organization | | other than a limited partnership, the organizational | | document that creates the organization becomes | | effective; and |
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| | | J.__If the surviving organization preexists the merger, any | | amendments provided for in the articles of merger for the | | organizational document that created the organization become | | effective. |
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| | | 2.__Foreign organization.__A surviving organization that is a | | foreign organization consents to the jurisdiction of the courts | | of this State to enforce any obligation owed by a constituent | | organization, if before the merger the constituent organization | | was subject to suit in this State on the obligation. A surviving | | organization that is a foreign organization and not authorized to | | transact business in this State appoints the Secretary of State | | as its agent for service of process for the purposes of enforcing | | an obligation under this subsection. Service on the Secretary of | | State under this subsection is made in the same manner and with | | the same consequences as in section 1317, subsections 3 and 4. |
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| | | §1440.__Restrictions on approval of conversions and mergers and |
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| | | on relinquishing limited liability limited partnership |
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