13-B §901. Procedure for merger
Title 13-B: MAINE NONPROFIT CORPORATION ACT
Chapter 9: MERGERS AND CONSOLIDATION
§901. Procedure for merger
1. Domestic corporations may merge. Any 2 or more domestic corporations organized under this Act or under Title 13, chapter 81 may merge into one of such corporations pursuant to a plan of merger approved in the manner provided in this Act.
[ 2005, c. 531, §2 (AMD) .]
2. Plan of merger. Each corporation shall adopt a plan of merger setting forth:
A. The names of the corporations proposing to merge, and the name of the corporation into which they propose to merge, which is hereinafter designated as the surviving corporation; [1977, c. 525, §13 (NEW).]
B. The terms and conditions of the proposed merger; [1977, c. 525, §13 (NEW).]
C. A statement of any changes in the articles of incorporation of the surviving corporation to be effected by such merger; and [1977, c. 525, §13 (NEW).]
D. Such other provisions with respect to the proposed merger as are deemed necessary or desirable. [1977, c. 525, §13 (NEW).]
[ 1977, c. 525, §13 (NEW) .]
SECTION HISTORY
1977, c. 525, §13 (NEW). 2005, c. 531, §2 (AMD).