Arkansas § 4-28-302 Domestic corporations - Merger pursuant to plan

Arkansas Statutes

§ 4-28-302 — Domestic corporations - Merger pursuant to plan

(a)Any two (2) or more domestic corporations may merge into one (1) of such corporations pursuant to a plan of merger approved in the manner provided in this subchapter.

(b)Each corporation shall adopt a plan of merger setting forth:

(1)The name of the corporations proposing to merge;

(2)The name of the corporation into which they propose to merge, which is hereinafter designated as the surviving corporation;

(3)The terms and conditions of the proposed merger;

(4)A statement of any changes in the articles of incorporation of the surviving corporation to be affected by the merger; and (5) Any other provisions with respect to the proposed merger as are deemed necessary or desirable.

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(a) Any two (2) or more domestic corporations may merge into one (1) of such corporations pursuant to a plan of merger approved in the manner provided in this subchapter. (b) Each corporation shall adopt a plan of merger setting forth: (1) The name of the corporations proposing to merge; (2) The name of the corporation into which they propose to merge, which is hereinafter designated as the surviving corporation; (3) The terms and conditions of the proposed merger; (4) A statement of any changes in the articles of incorporation of the surviving corporation to be affected by the merger; and (5) Any other provisions with respect to the proposed merger as are deemed necessary or desirable.

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