(Effective until January 1, 2027) Definitions

Va. Code Ann. § 13.1-893.1, under Chapter 10. Virginia Nonstock Corporation Act..

Va. Code Ann. § 13.1-893.1

As used in this article:

"Merger" means a business combination pursuant to § 13.1-894.

"Party to a merger" means any domestic or foreign corporation or eligible entity that will merge under a plan of merger.

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