48-101-622 - Merger.

48-101-622. Merger.

(a)  If all the shareholders of the disappearing and surviving corporations are qualified to be shareholders of the surviving corporation, a professional corporation may merge with another domestic or foreign professional corporation or with a domestic or foreign business corporation.

(b)  If the surviving corporation is to render professional services in this state, it must comply with this part.

[Acts 1992, ch. 698, § 1; T.C.A., § 48-3-622.]