13 §1984. Mergers

Title 13: CORPORATIONS

Part 2: CORPORATIONS WITHOUT CAPITAL

Chapter 85: COOPERATIVES

Subchapter 3: EMPLOYEE COOPERATIVE CORPORATIONS

§1984. Mergers

An employee cooperative that has not revoked its election under this subchapter may not consolidate or merge with another corporation other than an employee cooperative. Two or more employee cooperatives may consolidate or merge in accordance with Title 13-C, chapter 11. [RR 2001, c. 2, Pt. B, §34 (COR); RR 2001, c. 2, Pt. B, §58 (AFF).]

SECTION HISTORY

1983, c. 136, (NEW). RR 2001, c. 2, §B34 (COR). RR 2001, c. 2, §B58 (AFF).