Arkansas Code § 4-28-302 - Domestic Corporations -- Merger Pursuant to Plan

(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.

Section: 4-28-302  4-28-303  4-28-304  4-28-305  4-28-306  4-28-307  4-28-308  4-28-309    Next

Last modified: November 15, 2016