TITLE 30

CORPORATIONS

CHAPTER 22

ENTITY TRANSACTIONS

PART 1

GENERAL PROVISIONS

30-22-107.  REFERENCE TO EXTERNAL FACTS. A plan may refer to facts ascertainable outside the plan if the manner in which the facts will operate upon the plan is specified in the plan. The facts may include the occurrence of an event or a determination or action by a person, whether or not the event, determination, or action is within the control of a party to the transaction.

History:

[30-22-107, added 2015, ch. 243, sec. 17, p. 789.]