(1) One or more nonprofit corporations may merge into a business or nonprofit corporation, if the plan of merger is approved as provided in Section 79-11-321.
(2) The plan of merger must set forth:
(a) The name of each corporation planning to merge and the name of the surviving corporation into which each plans to merge; and
(b) The terms and conditions of the planned merger.
(3) The plan of merger may set forth:
(a) Any amendments to the articles of incorporation or bylaws of the surviving corporation to be effected by the planned merger; and
(b) Other provisions relating to the planned merger.
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