Rhode Island § 7-6-43 § 7-6-43. Procedure for merger.

Rhode Island Statutes

§ 7-6-43 — § 7-6-43. Procedure for merger.

Rhode Island § 7-6-43

Title 7Corporations, Associations and Partnerships

Ch. 7-6Rhode Island Nonprofit Corporation Act

This text of Rhode Island § 7-6-43 (§ 7-6-43. Procedure for merger.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 7-6-43 (2026).

Text

§ 7-6-43. Procedure for merger.
(a) Notwithstanding anything to the contrary contained in any general or public law, rule,
            or regulation, any two (2) or more entities, whether defined in § 7-6-2, § 7-1.2-106, § 7-13-1, or § 7-16-2, may merge into one of the entities pursuant to a plan of merger approved in the
            manner provided in this chapter. This section does not apply to insurance holding
            company systems as defined in § 27-35-1.
         
(b) Each entity shall adopt a plan of merger setting forth:
         
(1) The names of the entities proposing to merge, and the name of the entity into which
      

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§ 7-6-43. Procedure for merger.

(a) Notwithstanding anything to the contrary contained in any general or public law, rule, or regulation, any two (2) or more entities, whether defined in § 7-6-2, § 7-1.2-106, § 7-13-1, or § 7-16-2, may merge into one of the entities pursuant to a plan of merger approved in the manner provided in this chapter. This section does not apply to insurance holding company systems as defined in § 27-35-1.

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

(1) The names of the entities proposing to merge, and the name of the entity into which they propose to merge, which is subsequently designated as the surviving entity;

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

(3) A statement of any changes in the articles of incorporation of the surviving entity to be effected by the merger; and

(4) Such other provisions regarding the proposed merger that are deemed necessary or desirable.

Legislative History

P.L. 1984, ch. 380, § 1; P.L. 1984, ch. 444, § 1; P.L. 2005, ch. 36, § 4; P.L. 2005, ch. 72, § 4; P.L. 2021, ch. 232, § 1, effective July 8, 2021; P.L. 2021, ch. 335, § 1, effective July 9, 2021.