Arkansas Code Title 4, Subtitle 3, Chapter 33, Subchapter 11 - Merger
- § 4-33-1101 - Approval of Plan of Merger.
(a) Subject to the limitations set forth in § 4-33-1102, two (2) or more nonprofit corporations may merge, if the plan of merger is...
- § 4-33-1102 - Limitations on Mergers by Public Benefit or Religious Corporations.
(a) Without the prior approval of the circuit court of the county in which the corporation's principal office (or, if none in this state,...
- § 4-33-1103 - Action on Plan by Board, Members and Third Persons.
(a) Unless this chapter, the articles, bylaws or the board of directors or members (acting pursuant to subsection (c) of this section) require a...
- § 4-33-1104 - Articles of Merger.
After a plan of merger is approved by the board of directors, and if required by § 4-33-1103, by the members and any other...
- § 4-33-1105 - Effect of Merger.
When a merger takes effect: (1) every other corporation party to the merger merges into the surviving corporation and the separate existence of every...
- § 4-33-1106 - Merger With Foreign Corporation.
(a) Except as provided in § 4-33-1102, one (1) or more foreign nonprofit corporations may merge with one (1) or more domestic nonprofit corporations...
- § 4-33-1107 - Bequests, Devises and Gifts.
Any bequest, devise, gift, grant, or promise contained in a will or other instrument of donation, subscription, or conveyance, that is made to a...
- § 4-33-1108 - 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