(1) Where there is to be a resulting state bank, the board of directors of each constituent state bank shall, by a majority of the entire board, approve a merger agreement, which agreement shall contain:(a) The name of each constituent bank and the location of each office;(b) With respect to the resulting bank, the name and the location of each proposed office; the name and residence of each director to serve until the next annual meeting of the stockholders; the name and residence of each officer; the amount of capital, the number of shares, and the par value of each share; whether preferred stock is to be issued and the amount, terms, and preferences; the amendments to the charter and bylaws;(c) The terms for the exchange of shares of the constituent banks for those of the resulting bank;(d) A statement that the agreement is subject to approval by the banking board and by the stockholders of each constituent bank;(e) Provisions governing the manner of disposing of the shares of the resulting state bank not taken by dissenting shareholders of constituent banks;(f) Such other provisions as the banking board requires to enable it to discharge its duties with respect to the

of the resulting state bank not taken by dissenting shareholders of constituent banks;(f) Such other provisions as the banking board requires to enable it to discharge its duties with respect to the merger.L. 2003: Entire article added with relocations, p. 1096, § 3, effective July 1.This section is similar to former § 11-4-103 as it existed prior to 2003.