2-2-306. Articles of merger or consolidation.

Arkansas Code — all titles (historical 2020) · legal_authorities

2-2-306. Articles of merger or consolidation.

2-2-306. Articles of merger or consolidation. Upon approval, articles of merger or articles of consolidation shall be executed by each association and filed in accordance with this subchapter, which shall be certified by the president and secretary of each association signing them and shall set forth: (1) The plan of merger or the plan of consolidation, including the time when it shall become effective; (2) As to each association: (A) The number of shares or memberships outstanding or votes entitled to be cast; and (B) If the shares or members of any class are entitled to vote as a class, the designation in number of outstanding shares or memberships or votes entitled to be cast by each class; and (3) As to each association: (A) The number of votes cast for and against the plan, respectively; and (B) If any shares of any class of stock are entitled to vote as a class, the number of shares or votes of each class voted for and against the plan, respectively.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 2-2-306

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.