351.420. Merger plan to be submitted to shareholders, procedure.

Merger plan to be submitted to shareholders, procedure.

351.420. The plan of merger or plan of consolidation shallbe submitted to a vote at a meeting of shareholders, which may beeither an annual or a special meeting. Written or printed noticestating that the purpose, or one of the purposes, of the meetingis to consider the plan of merger or the plan of consolidation,together with a copy or a summary of the plan of merger or planof consolidation, shall be given to each shareholder of recordentitled to vote at the meeting within the time and in the mannerprovided by this chapter for the giving of notice of meetings ofshareholders. If the meeting is an annual meeting, the purposeshall, nevertheless, be included in the notice of the annualmeeting.

(L. 1943 p. 410 § 64, A.L. 1975 S.B. 14)