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Section 4-28-302 - Domestic corporations - Merger pursuant to plan — Arkansas Law | CourtGPT
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  8. Section 4-28-302 - Domestic corporations - Merger pursuant to plan
Arkansas Legal Code

Section 4-28-302 - Domestic corporations - Merger pursuant to plan

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(a) 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.(b) Each corporation shall adopt a plan of merger setting forth: (1) The name of the corporations proposing to merge;(2) The name of the corporation into which they propose to merge, which is hereinafter designated as the surviving corporation;(3) The terms and conditions of the proposed merger;(4) A statement of any changes in the articles of incorporation of the surviving corporation to be affected by the merger; and(5) Any other provisions with respect to the proposed merger as are deemed necessary or desirable.Acts 1983, No. 614, § 1; A.S.A. 1947, § 64-1925.