Arkansas Code Title 2. Agriculture § 2-2-303. Merger requirements

(1) The names of the associations proposing to merge and the name of the association into which they propose to merge, which is designated as the “surviving association”;

(2) The terms and conditions of the proposed merger;

(3) The manner and basis of converting the shares, patronage, or other interests of each merging association into shares or other interests of the surviving association;

(4) A statement of any changes in the articles of incorporation of the surviving association to be affected by the merger;

(5) The time when the merger shall become effective; and

(6) Such other provisions with respect to the proposed merger as are deemed necessary or desirable.