§ 10-11201 – Sale of assets in regular course of activities and mortgage of assets

10-11201. Sale of assets in regular course of activities and mortgage of assets A. On the terms and conditions and for the consideration determined by the board of directors, a corporation may: 1. Sell, lease, exchange or otherwise dispose of all or substantially all of its property in the usual and regular course of its […]

§ 10-11202 – Sale of assets other than in regular course of activities

10-11202. Sale of assets other than in regular course of activities A. On the terms and conditions and for the consideration determined by the corporation’s board of directors, a corporation may sell, lease, exchange or otherwise dispose of all or substantially all of its property, with or without the goodwill, other than in the usual […]