Any bequest, devise, gift, grant or promise contained in a will or other instrument of donation, subscription, or conveyance, which is made to a constituent corporation and which takes effect or remains payable after the merger, inures to the surviving corporation unless the will or other instrument otherwise specifically provides.
Mo. Rev. Stat. § 355.646
Donations inure to surviving corporation
Known as the Missouri Nonprofit Corporation Act
The act spans §§ 355–355 (165 sections).
Effective: 01 Jul 1995, see footnote; (L. 1994 H.B. 1095)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.