10-3225. Effect of change of domicile
A. On filing by the commission of the articles of domestication, the corporation is
deemed to be domiciled in and incorporated under the laws of this state, is considered to
be the same corporation as that corporation that existed under the laws of the
jurisdiction in which it was formerly domiciled and is considered to have been
incorporated on the date it was originally incorporated in the former jurisdiction.
B. The articles of domestication, when filed by the commission, entitle the
domesticated corporation to all of the powers, privileges and rights granted to
corporations incorporated in this state and subject the domesticated corporation to all
the duties, liabilities and limitations imposed on domestic corporations. The
corporation is subject to the laws of this state as of the date of filing of the articles
of domestication as if the corporation had been originally incorporated on that date. On
filing the articles of domestication, the articles of domestication constitute the
articles of incorporation of the domesticated corporation.
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