District of Columbia Statutes

§ 31-4444 — Procedure for merger of domestic companies.

District of Columbia § 31-4444
JurisdictionDistrict of Columbia
Title 31Insurance and Securities.
Ch. 44Domestic Life Companies.

This text of District of Columbia § 31-4444 (Procedure for merger of domestic companies.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
D.C. Code § 31-4444 (2026).

Text

(a)Two or more domestic life companies may merge into 1 company.
(b)The board of directors of each company shall, by resolution adopted by a majority vote of the members of the boards, approve a plan of merger that lists the following:
(1)The names of the companies proposing to merge.
(2)The name of the surviving company the merging companies would become.
(3)The terms and the conditions of the proposed merger.
(4)The manner and the basis of converting the shares or memberships of each merging company into:
(A)Shares, memberships, or other securities of the surviving company.
(B)Shares or other securities of another company.
(C)Cash or property.
(5)Changes in the articles of incorporation of the surviving company.
(6)Other provisions with respec

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Legislative History

June 19, 1934, ch. 672, ch. III, § 43; as added Mar. 14, 1985, D.C. Law 5-160, § 3(c), 32 DCR 39

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Bluebook (online)
District of Columbia § 31-4444, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/31-4444.