1. One or more foreign entities may merge or enter into an exchange of owner’s interests with one or more domestic entities if:
(a) In a merger, the merger is permitted by the law of the jurisdiction under whose law each foreign entity is organized and governed and each foreign entity complies with that law in effecting the merger;
(b) In an exchange, the entity whose owner’s interests will be acquired is a domestic entity, whether or not an exchange of owner’s interests is permitted by the law of the jurisdiction under whose law the acquiring entity is organized;
(c) The foreign entity complies with NRS 92A.200 to 92A.240, inclusive, if it is the surviving entity in the merger or acquiring entity in the exchange and sets forth in the articles of merger or exchange its address where copies of process may be sent by the Secretary of State; and
(d) Each domestic entity complies with the applicable provisions of NRS 92A.100 to 92A.180, inclusive, and, if it is the surviving entity in the merger or acquiring entity in the exchange, with NRS 92A.200 to 92A.240, inclusive.
2. When the merger or exchange takes effect, the surviving foreign entity in a merger and the acquiring foreign entity in an exchange shall be deemed:
(a) To appoint the Secretary of State as its agent for service of process in a proceeding to enforce any obligation which accrued before the merger or exchange became effective or the rights of dissenting owners of each domestic entity that was a party to the merger or exchange. Service of such process must be made by personally delivering to and leaving with the Secretary of State duplicate copies of the process and the payment of a fee of $100 for accepting and transmitting the process. The Secretary of State shall forthwith send by registered or certified mail one of the copies to the surviving or acquiring entity at its specified address, unless the surviving or acquiring entity has designated in writing to the Secretary of State a different address for that purpose, in which case it must be mailed to the last address so designated.
(b) To agree that it will promptly pay to the dissenting owners of each domestic entity that is a party to the merger or exchange the amount, if any, to which they are entitled under or created pursuant to NRS 92A.300 to 92A.500, inclusive.
3. This section does not limit the power of a foreign entity to acquire all or part of the owner’s interests of one or more classes or series of a domestic entity through a voluntary exchange or otherwise.
(Added to NRS by 1995, 2086; A 1997, 728; 1999, 1628; 2001, 3192; 2003, 3183; 2003, 20th Special Session, 125)
Structure Nevada Revised Statutes
Chapter 92A - Mergers, Conversions, Exchanges and Domestications
NRS 92A.006 - "Advance notice statement" defined.
NRS 92A.007 - "Approval" and "vote" defined.
NRS 92A.0075 - "Articles," "articles of incorporation" and "certificate of incorporation" defined.
NRS 92A.008 - "Business trust" defined.
NRS 92A.009 - "Charter document" defined.
NRS 92A.010 - "Constituent document" defined.
NRS 92A.015 - "Constituent entity" defined.
NRS 92A.020 - "Domestic" defined.
NRS 92A.022 - "Domestic business trust" defined.
NRS 92A.025 - "Domestic corporation" defined.
NRS 92A.027 - "Domestic general partnership" defined.
NRS 92A.030 - "Domestic limited-liability company" defined.
NRS 92A.035 - "Domestic limited partnership" defined.
NRS 92A.040 - "Domestic nonprofit corporation" defined.
NRS 92A.045 - "Entity" defined.
NRS 92A.050 - "Exchange" defined.
NRS 92A.055 - "Foreign" defined.
NRS 92A.060 - "Limited partner" defined.
NRS 92A.070 - "Member" defined.
NRS 92A.073 - "Nonprofit cooperative corporation" defined.
NRS 92A.075 - "Owner" defined.
NRS 92A.080 - "Owner’s interest" defined.
NRS 92A.083 - "Principal office" defined.
NRS 92A.090 - "Resulting entity" defined.
NRS 92A.092 - "Senior executive" defined.
NRS 92A.095 - "Statement of intent" defined.
NRS 92A.098 - Notice and other communications.
NRS 92A.100 - Authority for merger; approval, contents and form of plan of merger.
NRS 92A.105 - Authority for conversion; approval, form and contents of plan of conversion.
NRS 92A.110 - Authority for exchange; approval, contents and form of plan of exchange.
NRS 92A.120 - Approval of plan of merger, conversion or exchange for domestic corporation.
NRS 92A.135 - Approval of plan of conversion for domestic general partnership.
NRS 92A.140 - Approval of plan of merger, conversion or exchange for domestic limited partnership.
NRS 92A.160 - Approval of plan of merger or exchange for domestic nonprofit corporation.
NRS 92A.165 - Approval of plan of merger, conversion or exchange for domestic business trust.
NRS 92A.170 - Abandonment of planned merger, conversion or exchange before filing of articles.
NRS 92A.175 - Termination of planned merger, conversion or exchange after filing of articles.
NRS 92A.180 - Merger of subsidiary into parent or parent into subsidiary.
NRS 92A.190 - Merger or exchange with foreign entity.
NRS 92A.195 - Conversion of foreign or domestic entity or foreign or domestic general partnership.
NRS 92A.205 - Filing requirements for conversions.
NRS 92A.207 - Form required for filing of records.
NRS 92A.220 - Duty when entire plan of merger, conversion or exchange is not set forth in articles.
NRS 92A.230 - Signing of articles of merger, conversion or exchange.
NRS 92A.240 - Effective date and time of merger, conversion or exchange; articles of termination.
NRS 92A.250 - Effect of merger, conversion or exchange.
NRS 92A.260 - Liability of owner after merger, conversion or exchange.
NRS 92A.270 - Domestication of undomesticated organization.
NRS 92A.280 - Cancellation of filings.
NRS 92A.305 - "Beneficial stockholder" defined.
NRS 92A.310 - "Corporate action" defined.
NRS 92A.315 - "Dissenter" defined.
NRS 92A.320 - "Fair value" defined.
NRS 92A.325 - "Stockholder" defined.
NRS 92A.330 - "Stockholder of record" defined.
NRS 92A.335 - "Subject corporation" defined.
NRS 92A.340 - Computation of interest.
NRS 92A.350 - Rights of dissenting partner of domestic limited partnership.
NRS 92A.360 - Rights of dissenting member of domestic limited-liability company.
NRS 92A.370 - Rights of dissenting member of domestic nonprofit corporation.
NRS 92A.410 - Notification of stockholders regarding right of dissent.
NRS 92A.420 - Prerequisites to demand for payment for shares.
NRS 92A.430 - Dissenter’s notice: Delivery to stockholders entitled to assert rights; contents.
NRS 92A.450 - Uncertificated shares: Authority to restrict transfer after demand for payment.
NRS 92A.460 - Payment for shares: General requirements.
NRS 92A.500 - Assessment of costs and fees in certain legal proceedings.