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Current as of March 28, 2024 | Updated by Findlaw Staff
(a) Any two (2) or more domestic corporations may merge into one (1) of such corporations pursuant to a plan of merger approved in the manner provided in this subchapter.
(b) Each corporation shall adopt a plan of merger setting forth:
(1) The name of the corporations proposing to merge;
(2) The name of the corporation into which they propose to merge, which is hereinafter designated as the surviving corporation;
(3) The terms and conditions of the proposed merger;
(4) A statement of any changes in the articles of incorporation of the surviving corporation to be affected by the merger; and
(5) Any other provisions with respect to the proposed merger as are deemed necessary or desirable.
Cite this article: FindLaw.com - Arkansas Code Title 4. Business and Commercial Law § 4-28-302. Merger plan--Contents - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-4-business-and-commercial-law/ar-code-sect-4-28-302/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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