Mississippi Code Title 79. Corporations, Associations, and Partnerships § 79-13-906

(1) The separate existence of every domestic partnership that is a party to the merger, other than the surviving entity, ceases;

(2) All property owned by each of the merged domestic partnerships vests in the surviving entity;

(3) All obligations of every domestic partnership that is a party to the merger become the obligations of the surviving entity; and

(4) An action or proceeding pending against a domestic partnership that is a party to the merger may be continued as if the merger had not occurred, or the surviving entity may be substituted as a party to the action or proceeding.

(1) Shall not become personally liable as a result of the merger for obligations of the surviving partnership incurred before the merger by a party to the merger of which that partner was not a general partner; and

(2) Except as otherwise provided in Section 79-13-306, shall become personally liable for all obligations of the surviving partnership incurred after the merger takes effect.

(1) The surviving entity shall cause the partner's interest in the partnership to be purchased under Section 79-13-701; and

(2) If the surviving entity is a domestic partnership, the surviving partnership is bound under Section 79-13-702 by an act of the terminated partner, and the terminated partner is liable under Section 79-13-703 for transactions entered into by the surviving partnership after the merger takes effect.