Merger.

Checkout our iOS App for a better way to browser and research.

(1) One or more domestic nonprofit corporations may merge into another domestic entity if the board of directors of each nonprofit corporation that is a party to the merger and each other entity that is a party to the merger adopts a plan of merger complying with section 7-90-203.3 and the members entitled to vote thereon, if any, of each such nonprofit corporation, if required by section 7-131-102, approve the plan of merger.

  1. and (3) (Deleted by amendment, L. 2007, p. 249, § 54, effective May 29, 2007.)

Source: L. 97: Entire article added, p. 713, § 3, effective July 1, 1998. L. 2003: (2) and

  1. amended, p. 2345, § 318, effective July 1, 2004. L. 2007: Entire section amended, p. 249, § 54, effective May 29.


Download our app to see the most-to-date content.