555.2.4. For the purpose of applying section 550.8 in respect of a merger,(a) the reference in paragraph b of that section to “the new corporation” shall be read as a reference to “the new corporation or the particular corporation, within the meaning assigned by Division III of this chapter”; and
(b) the references in paragraphs c and f of that section to “the new corporation” shall be read as references to “the public corporation referred to in paragraph b”.