2017 Missouri Revised Statutes
Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS
Chapter 352 Religious and Charitable Associations — Charitable Gift Annuities
Section 352.170 Obligations not abated by merger.
Effective 28 Aug 1939
Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPSChapter 352
352.170. Obligations not abated by merger. — 1. The rights, obligations and relations of either of the merged or consolidated corporations in respect to any debtor or creditor of such corporation shall remain unimpaired and the consolidated corporation shall succeed to all such rights, obligations and relations.
2. Any pending action or other judicial proceedings to which any corporation that shall have been so merged or consolidated is a party shall not be deemed to have abated or to have discontinued by reason of such merger or consolidation, but may be prosecuted to final judgment in the same manner as if such merger or consolidation had not been made; or the consolidated corporation may be substituted as a party to such action or proceeding and any judgment, order or decree may be rendered for or against it that might have been rendered for or against such other corporation if such merger or consolidation had not occurred.
(RSMo 1939 § 5460)
Prior revision: 1929 § 5023