§ 48-22-101. Sale of Assets in Regular Course of Business and Mortgage of Assets

A corporation may, on the terms and conditions and for the consideration determined by the board of directors: Sell, lease, exchange, or otherwise dispose of all, or substantially all, of its property in the usual and regular course of business; Mortgage, pledge, dedicate to the repayment of indebtedness (whether with or without recourse), or otherwise […]

§ 48-22-102. Sale of Assets Other Than in Regular Course of Business

A corporation may sell, lease, exchange, or otherwise dispose of all, or substantially all, of its property (with or without the good will) otherwise than in the usual and regular course of business, on the terms and conditions and for the consideration determined by the corporation’s board of directors, if the board of directors proposes […]