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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) The resulting state bank shall be considered the same business and corporate entity as each constituent bank with all of the rights, powers, and duties of each constituent bank, except as limited by the charter and bylaws of the resulting state bank.
(2) The resulting state bank has the right to use the name of any constituent bank whenever it can do any act under such name more conveniently.
(3) Any reference to any constituent bank in any writing, whether executed or taking effect before or after the merger, shall be deemed a reference to the resulting state bank if not inconsistent with the other provisions of such writing.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 11. Financial Institutions § 11-103-706. Continuation of corporate entity - last updated January 01, 2025 | https://codes.findlaw.com/co/title-11-financial-institutions/co-rev-st-sect-11-103-706/
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