North Dakota § 10-33-86 Plan of merger or consolidation

North Dakota Statutes

§ 10-33-86 — Plan of merger or consolidation

North Dakota·Title 10 Corporations·Ch. 10-33 Nonprofit Corporations

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 desir

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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.

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