§ 1001. Merger or consolidation. (a) As used in this article, "merger"
means a procedure in which two or more limited liability companies or
other business entities merge into a single limited liability company or
other business entity that shall be one of the constituent limited
liability companies or other business entities, and "consolidation"
means a procedure in which two or more limited liability companies or
other business entities consolidate into a single limited liability
company or other business entity that shall be a new limited liability
company or other business entity to be formed pursuant to the
consolidation.

(b) Pursuant to an agreement of merger or consolidation and to the
extent not expressly prohibited by law, a domestic limited liability
company may merge or consolidate with or into one or more domestic
limited liability companies or other business entities formed or
organized under the laws of this state or any other state or the United
States or any foreign country or other foreign jurisdiction, with such
domestic limited liability company or other business entity as the
agreement shall provide being the surviving or resulting domestic
limited liability company or other business entity.