As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.

1. 1. Eligible entity "Eligible entity" means a domestic or foreign unincorporated entity or a domestic or foreign nonprofit corporation.

   [PL 2001, c. 640, Pt. A, §2 (NEW); PL 2001, c. 640, Pt. B, §7 (AFF).]

2. 2. Eligible interests "Eligible interests" means interests and memberships.

   [PL 2001, c. 640, Pt. A, §2 (NEW); PL 2001, c. 640, Pt. B, §7 (AFF).]

3. 3. Merger "Merger" means a business combination pursuant to section 1102.

   [PL 2001, c. 640, Pt. A, §2 (NEW); PL 2001, c. 640, Pt. B, §7 (AFF).]

4. 4. Party to a merger or party to a share exchange "Party to a merger" or "party to a share exchange" means any domestic or foreign corporation or eligible entity that will:

   1. A. Merge under a plan of merger;

      [PL 2001, c. 640, Pt. A, §2 (NEW); PL 2001, c. 640, Pt. B, §7 (AFF).]

   2. B. Acquire shares or eligible interests of another corporation or an eligible entity in a share exchange; or

      [PL 2001, c. 640, Pt. A, §2 (NEW); PL 2001, c. 640, Pt. B, §7 (AFF).]

   3. C. Have all of its shares or eligible interests or all of one or more classes or series of its shares or eligible interests acquired in a share exchange.

      [PL 2001, c. 640, Pt. A, §2 (NEW); PL 2001, c. 640, Pt. B, §7 (AFF).]

   [PL 2001, c. 640, Pt. A, §2 (NEW); PL 2001, c. 640, Pt. B, §7 (AFF).]

5. 5. Share exchange "Share exchange" means a business combination pursuant to section 1103.

   [PL 2001, c. 640, Pt. A, §2 (NEW); PL 2001, c. 640, Pt. B, §7 (AFF).]

6. 6. Survivor "Survivor" in a merger means the corporation or eligible entity into which one or more other corporations or eligible entities are merged. A survivor of a merger may preexist the merger or be created by the merger.

   [PL 2001, c. 640, Pt. A, §2 (NEW); PL 2001, c. 640, Pt. B, §7 (AFF).]

PL 2001, c. 640, §A2 (NEW). PL 2001, c. 640, §B7 (AFF).