Statement of consolidation or share or equity capital exchange.

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  1. (Deleted by amendment, L. 2004, p. 1415, § 56, effective July 1, 2004.)

  2. After a plan of consolidation or share or equity capital exchange is approved by allnecessary action of all parties, the acquiring entity shall deliver to the secretary of state, for filing pursuant to part 3 of article 90 of this title 7, a statement of consolidation or a statement of exchange stating:

  1. The entity name of each entity that is a party to the consolidation or the shares ofwhich will be acquired and the principal office address of its principal office;

  2. The entity name of the consolidated or acquiring entity and the principal office address of its principal office; and

  3. The effective date of the consolidation or share or equity capital exchange.

(c.5) and (d) (Deleted by amendment, L. 2004, p. 1415, § 56, effective July 1, 2004.)

(3) The consolidation or share or equity capital exchange shall be effective as provided in section 7-90-304.

Source: L. 96: Entire article R&RE, p. 515, § 1, effective July 1. L. 2002: (1), IP(2), and

  1. amended, p. 1818, § 27, effective July 1; (1), IP(2), and (3) amended, p. 1683, § 25, effectiveOctober 1. L. 2003: IP(2), (2)(c), and (2)(d) amended and (2)(c.5) added, p. 2230, § 97, effective July 1, 2004. L. 2004: Entire section amended, p. 1415, § 56, effective July 1. L. 2019: IP(2) amended, (SB 19-086), ch. 166, p. 1965, § 65, effective July 1, 2020.

Editor's note: This section is similar to former §§ 7-55-112, 7-56-108, 7-56-121, and 756-126 as they existed prior to 1996.


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