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§ 14-2-930 - Merger, Share Exchange, and Sale of Assets
(a) A plan of merger or share exchange: (1) That if effected would terminate statutory close corporation status must be approved by the holders...
§ 14-2-931 - Termination of Statutory Close Corporation Status
(a) A statutory close corporation may terminate its statutory close corporation status by amending its articles of incorporation to delete the statement that it...
§ 14-2-932 - Effect of Termination of Statutory Close Corporation Status
(a) A corporation that terminates its status as a statutory close corporation is thereafter subject to all provisions of this chapter or, if incorporated...
§ 14-2-933 - Shareholder Option to Dissolve Corporation
(a) The articles of incorporation, bylaws adopted by the shareholders, or an agreement among all the shareholders of a statutory close corporation may authorize...
Last modified: October 14, 2016