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Ark. Code Ann. § 4-28-302

Domestic corporations — Merger pursuant to plan

Acts 1983, No. 614, § 1; A.S.A. 1947, § 64-1925.

(1) 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.

(2) Each corporation shall adopt a plan of merger setting forth: The name of the corporations proposing to merge;

(3) The name of the corporation into which they propose to merge, which is hereinafter designated as the surviving corporation;

(4) The terms and conditions of the proposed merger;

(5) A statement of any changes in the articles of incorporation of the surviving corporation to be affected by the merger; and

(6) Any other provisions with respect to the proposed merger as are deemed necessary or desirable.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.