A protected series may not:
- 1. Be a party to a merger;
- 2. Convert to a different type of entity;
- 3. Domesticate as a protected series under the laws of a foreign jurisdiction; or
- 4. Be a party to or be formed, organized, established, or created in a transaction substantially like an interest exchange, a conversion, or a domestication.
2019, c. 636; 2021, Sp. Sess. I, c. 487.