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§ 380.281 — Missouri Law | CourtGPT
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  6. § 380.281
Missouri Legal Code

§ 380.281

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Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS Chapter 380 • Effective - 01 Jan 1985, see footnote 380.281. Mergers of certain mutual companies, procedure — merger plan, required contents. — Any two or more companies operating under the provisions of sections 380.201 to 380.591 may merge into one of the corporations; and companies operating under the provisions of sections 380.011 to 380.151 may merge into a corporation operating under sections 380.201 to 380.591 in the following manner: The board of directors of each corporation shall approve a plan of merger and direct the submission of the plan to a vote at a meeting of its members. The plan of merger shall set forth: (1) The names of the corporations proposing to merge, and the name of the corporation into which they propose to merge, which is herein designated as 'the surviving corporation'; (2) The terms and conditions of the proposed merger and the mode of carrying it into effect; (3) A statement of any changes in the articles of incorporation of the surviving corporation to be effected by the merger; (4) Such other provisions with respect to the proposed merger as are deemed necessary or desirable. ­­-------- (L. 1984 H.B.

f incorporation of the surviving corporation to be effected by the merger; (4) Such other provisions with respect to the proposed merger as are deemed necessary or desirable. ­­-------- (L. 1984 H.B. 1498) Effective 1-01-85