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District of Columbia Code Division V. Local Business Affairs § 29-809.03. Action on plan of merger by constituent company.

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) A plan of merger shall be consented to by all the members of a constituent company.

(b) Subject to any contractual rights, after a merger is approved, and at any time before articles of merger are delivered to the Mayor for filing under § 29-809.04, a constituent company may amend the plan or abandon the merger:

(1) As provided in the plan; or

(2) Except as otherwise prohibited in the plan, with the same consent as was required to approve the plan.

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Cite this article: FindLaw.com - District of Columbia Code Division V. Local Business Affairs § 29-809.03. Action on plan of merger by constituent company. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-v-local-business-affairs/dc-code-sect-29-809-03/

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