1115.20 [Effective Until 1/1/2018] Protecting rights of creditors.

In any transfer, consolidation, or merger under this chapter, the rights of creditors shall be preserved unimpaired, and the constituent corporations shall be deemed to continue their separate existence if the continuation is necessary to preserve any creditor's rights.

Effective Date: 01-01-1997 .

Note: This section is set out twice. See also § 1115.20, as amended by 132nd General Assembly File No. TBD, HB 49, §130.21, eff. 1/1/2018.