§901. Procedure for merger
1.
Domestic corporations may merge.
Any 2 or more domestic corporations organized under this Act or under Title 13, chapter 81 may merge into one of such corporations pursuant to a plan of merger approved in the manner provided in this Act.
[PL 2005, c. 531, §2 (AMD).]
2.
Plan of merger.
Each corporation shall adopt a plan of merger setting forth:
A.
The names of the corporations proposing to merge, and the name of the corporation into which they propose to merge, which is hereinafter designated as the surviving corporation;
[PL 1977, c. 525, §13 (NEW).]
B.
The terms and conditions of the proposed merger;
[PL 1977, c. 525, §13 (NEW).]
C.
A statement of any changes in the articles of incorporation of the surviving corporation to be effected by such merger; and
[PL 1977, c. 525, §13 (NEW).]
D.
Such other provisions with respect to the proposed merger as are deemed necessary or desirable.
[PL 1977, c. 525, §13 (NEW).]
[PL 1977, c. 525, §13 (NEW).]
SECTION HISTORY
PL 1977, c. 525, §13 (NEW). PL 2005, c. 531, §2 (AMD).