Upon payment of all required taxes, fees, and charges, the Secretary of State shall
issue to any resulting merchant acquirer limited purpose bank a certificate of merger
or consolidation with the approved articles of merger or consolidation attached thereto,
provided that the name of the resulting merchant acquirer limited purpose bank in
a merger or consolidation has been reserved by a merging or consolidating party or
is available on the records of the Secretary of State. The resulting merchant acquirer limited purpose bank shall retain a copy of such
certificate, articles, and approval by the department.
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