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Section 79-11-327 - Merger of foreign corporation with domestic corporation — Mississippi Law | CourtGPT
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  5. Chapter 11 - Nonprofit, Nonshare Corporations and Religious Societies General Provisions (§§ 79-11-1 — 79-11-47)/
  6. Mississippi Nonprofit Corporation Act/
  7. Section 79-11-327 - Merger of foreign corporation with domestic corporation
Mississippi Legal Code

Section 79-11-327 - Merger of foreign corporation with domestic corporation

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(1) One or more foreign business or nonprofit corporations may merge with one or more domestic nonprofit corporations if: (a) The merger is permitted by the law of the state or country under whose law each foreign corporation is incorporated and each foreign corporation complies with that law in effecting the merger;(b) The foreign corporation complies with Section 79-11-323 if it is the surviving corporation of the merger; and(c) Each domestic nonprofit corporation complies with the applicable provisions of Sections 79-11-319 and 79-11-321 and, if it is the surviving corporation of the merger, with Section 79-11-323.(2) Upon the merger taking effect, the surviving foreign business or nonprofit corporation may be served with process in any proceeding brought against it as provided in the Mississippi Rules of Civil Procedure.Laws, 1987, ch. 485, § 114; Laws, 2012, ch. 382, § 61, eff. 1/1/2013.