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13-B §901. Procedure for merger

13-B ME Rev Stat § 901 (2019) (N/A)
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§901. Procedure for merger

1.  Domestic corporations may merge.  Any 2 or more domestic corporations organized under this Act or under Title 13, chapter 81 may merge into one of such corporations pursuant to a plan of merger approved in the manner provided in this Act.

[PL 2005, c. 531, §2 (AMD).]

2.  Plan of merger.  Each corporation shall adopt a plan of merger setting forth:

A. The names of the corporations proposing to merge, and the name of the corporation into which they propose to merge, which is hereinafter designated as the surviving corporation;   [PL 1977, c. 525, §13 (NEW).]

B. The terms and conditions of the proposed merger;   [PL 1977, c. 525, §13 (NEW).]

C. A statement of any changes in the articles of incorporation of the surviving corporation to be effected by such merger; and   [PL 1977, c. 525, §13 (NEW).]

D. Such other provisions with respect to the proposed merger as are deemed necessary or desirable.   [PL 1977, c. 525, §13 (NEW).]

[PL 1977, c. 525, §13 (NEW).]

SECTION HISTORY

PL 1977, c. 525, §13 (NEW). PL 2005, c. 531, §2 (AMD).

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13-B §902. Procedure for consolidation