Section 47-25-15 - Rights and duties of surviving corporation.

47-25-15. Rights and duties of surviving corporation. When a merger or consolidation has been effected pursuant to this chapter, the surviving or new corporation shall have all the rights, privileges, immunities, and powers and shall be subject to all the duties and liabilities of a corporation organized under chapter 47-22.

Source: SL 1965, ch 24, § 44 (3).