South Dakota § 47-25-1 Merger of corporations--Plan of merger--Contents of plan.

South Dakota Statutes

§ 47-25-1 — Merger of corporations--Plan of merger--Contents of plan.

South Dakota·Title 47 CORPORATIONS·Ch. 47-25 NONPROFIT CORPORATIONS--REORGANIZATION

Any two or more domestic corporations may merge into one of such corporations pursuant to a plan of merger approved in the manner provided in this chapter. Each corporation shall adopt a plan of merger setting forth:

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

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

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

(4)Such other provisions with respect to the proposed merger as are deemed necessary or desirable.

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

South Dakota § 47-25-1 (Merger of corporations--Plan of merger--Contents of plan.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.