§ 17-19-1101 — Approval of plan of merger

(a) Subject to the limitations set forth in W.S.
17-19-1102, one (1) or more nonprofit corporations may merge
into a business or nonprofit corporation, if the plan of merger
is approved as provided in W.S. 17-19-1103.
(b) The plan of merger shall set forth:
(i) The name of each corporation planning to merge
and the name of the surviving corporation into which each plans
to merge;
(ii) The terms and conditions of the planned merger;
(iii) The manner and basis, if any, of converting the
memberships of each public benefit or religious corporation into
memberships of the surviving corporation; and
(iv) If the merger involves a mutual benefit
corporation, the manner and basis, if any, of converting
memberships of each merging corporation into memberships,
obligations or securities of the surviving or any other
corporation or into cash or other property in whole or part.
(c) The plan of merger may set forth:
(i) Any amendments to the articles of incorporation
or bylaws of the surviving corporation to be effected by the
planned merger; and
(ii) Other provisions relating to the planned merger.