101.635 – EFFECTS OF MERGER OF MERGING SERIES. (a) When a
Texas Business Organizations Code § 101.635
Summary
This law outlines the effects of a merger involving series within a business organization. It specifies that the separate existence of merging series ceases and their rights and properties are transferred to the surviving series or newly created series.
Merging series cease to exist after the merger.
Rights and properties are transferred to the surviving or new series.
Existing liens or encumbrances remain on the transferred properties.
Frequently Asked Questions
Why Attorneys Choose FlawFinder
Side-by-side with Westlaw and LexisNexis
Feature
FlawFinder
Westlaw
LexisNexis
Monthly price
$19 - $99
$133 - $646
$153 - $399
Contract
None
1-3 year min
1-6 year min
Hidden fees
$0, always
Up to $469/search
$25/mo + per-doc
Police SOPs
✓ 310+ departments
✗
✗
Zero-hallucination AI
✓ CitationGuard
✗
✗
Cancel
One click
Termination fees
No option to cancel
Explain Like I'm 5
In simple terms: Learn about Texas's EFFECTS OF MERGER OF MERGING SERIES. (a) When a law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
FlawFinder provides legal information, not legal advice. Consult a licensed attorney for specific legal guidance.