Arkansas Code Title 4, Subtitle 3, Chapter 28, Subchapter 3 - Merger or Consolidation of Nonprofit Corporations

• § 4-28-301 - Definition.
  As used in this subchapter, the terms "corporation", "foreign corporation", "not-for-profit corporation", and "board of directors" shall have the same meaning as stated in...
• § 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...
• § 4-28-303 - Domestic Corporations -- Consolidation Pursuant to Plan.
  (a) Any two (2) or more domestic corporations may consolidate into a new corporation pursuant to a plan of consolidation approved in the manner...
• § 4-28-304 - Domestic Corporations -- Adoption of Plan of Merger or Consolidation -- Abandonment.
  (a) A plan of merger or consolidation of domestic corporations shall be adopted in the following manner: (1) (A) Where the members of any...
• § 4-28-305 - Domestic Corporations -- Articles of Merger or Consolidation.
  (a) Upon approval, articles of merger or articles of consolidation shall be executed by each corporation by its president or a vice president and...
• § 4-28-306 - Domestic Corporations -- Certificate of Merger or Consolidation -- Merger or Consolidation Effected Upon Issuance.
  (a) Upon the issuance of the certificate of merger or the certificate of consolidation by the Secretary of State, the merger or consolidation of...
• § 4-28-307 - Domestic Corporations -- Effect of Merger or Consolidation.
  When the merger or consolidation of domestic corporations has been effected: (1) The several corporations parties to the plan of merger or consolidation shall...
• § 4-28-308 - Merger or Consolidation of Foreign With Domestic Corporations.
  (a) One (1) or more foreign corporations and one (1) or more domestic corporations may be merged or consolidated if the merger or consolidation...
• § 4-28-309 - Continuation of Prior Corporate Existence for Limited Purpose.
  (a) The corporate existence of each constituent corporation which has been dissolved through merger or consolidation shall be continued indefinitely for the limited purpose...

Last modified: November 15, 2016