N.D. Cent. Code § 10-33-86

Current through 2023 Legislative Sessions
Section 10-33-86 - Plan of merger or consolidation

A plan of merger or consolidation must contain:

1. The names of the corporations proposing to merge or consolidate;
2. The name of the surviving or new corporation;
3. The terms and conditions of the proposed merger or consolidation;
4. In the case of a merger, the manner and basis of converting the memberships of the constituent corporations into memberships of the surviving corporation or of any other corporation;
5. In the case of a merger, a statement of amendments to the articles of the surviving corporation proposed as part of the merger;
6. In the case of a consolidation, the provisions required by section 10-33-06 to be set out in the articles of the new corporation; and
7. Other provisions with respect to the proposed merger or consolidation which are considered necessary or desirable.

N.D.C.C. § 10-33-86