Arkansas Statutes
§ 4-27-1106 — Merger
Arkansas·Title 4
(a)A corporation may merge with one (1) or more other constituent organizations under this section and §§ 4-27-1107 - 4-27-1110 and a plan of merger if:
(1)The governing statute of each of the other organizations authorizes the merger;
(2)The merger is not prohibited by the law of a jurisdiction that enacted any of the governing statutes; and (3) Each of the other organizations complies with its governing statute in effecting the merger.
(b)A plan of merger shall be in a record and shall include:
(1)The name and form of each constituent organization;
(2)The name and form of the surviving organization;
(3)The terms and conditions of the merger, including the manner and basis for converting the interests in each constituent organization into any combination of money, interests in the
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Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of subtitle§ 4-1-104
Construction against implicit repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - Gender§ 4-1-107
Section captions§ 4-1-201
General definitions§ 4-1-202
Notice - Knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - Seasonableness§ 4-1-206
Presumptions