R.I. Gen. Laws § 7-12.1-1102: Relationship of article to other laws.
Where this section sits in the code
- Title 7 Corporations, Associations, and Partnerships
- Chapter 12.1 Uniform Partnership Act
- Article 11 Merger, Interest Exchange, Conversion, and Domestication
- Part 1 General Provisions
(a) This article does not authorize an act prohibited by, and does not affect the application or requirements of, any law other than this article.
(b) A transaction effected under this chapter may not create or impair a right, duty, or obligation of a person under the statutory law of this state relating to a change in control, takeover, business combination, control-share acquisition, or similar transaction involving a domestic merging, acquired, converting, or domesticating business corporation unless:
(1) If the corporation does not survive the transaction, the transaction satisfies any requirements of the law; or
(2) If the corporation survives the transaction, the approval of the plan is by a vote of the shareholders or directors which would be sufficient to create or impair the right, duty, or obligation directly under the law.
Collected 2026-09-05T19:39:24Z. Source file · JSON