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Current as of May 05, 2022 | Updated by FindLaw Staff
(1) Upon approval, articles of merger or consolidation shall be signed in duplicate by each party to the merger or consolidation by its president or a vice president and by its secretary or an assistant secretary and verified by one of the officers of each association and corporation signing the articles.
(2) The articles shall set forth:
(a) the plan of merger or consolidation;
(b) a statement:
(i) of the date of the meeting at which the plan of merger or consolidation was considered and voted upon;
(ii) that a quorum was present at the meeting; and
(iii) that notice of the meeting was given to all members and shareholders entitled to notice;
(c) the number of members entitled to vote and the number of shares outstanding entitled to vote; and
(d) the number of members who voted for and against the plan, respectively, and the number of shares voted for and against the plan, respectively.
(3)(a) Duplicate originals of the articles of merger or consolidation shall be delivered to the Division of Corporations and Commercial Code and the fee established under Section 63J-1-504 shall be paid.
(b) If the Division of Corporations and Commercial Code finds that the articles conform to law, it shall, after the fees have been paid:
(i) endorse on each of the duplicate originals the word “filed” and the month, day, and year of the filing;
(ii) file one of the duplicate originals in its office; and
(iii) issue a certificate of merger or consolidation, attach the other duplicate original, and return the certificate to the surviving or new corporation, or its representative.
Cite this article: FindLaw.com - Utah Code Title 3. Uniform Agricultural Cooperative Association Act § 3-1-36. Articles of merger or consolidation--Execution, contents, and filing of articles--Issuance of certificate of merger or consolidation--Fees - last updated May 05, 2022 | https://codes.findlaw.com/ut/title-3-uniform-agricultural-cooperative-association-act/ut-code-sect-3-1-36/
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 or via Westlaw before relying on it for your legal needs.
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