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4-28-303. Domestic corporations — Consolidation pursuant to plan.
Arkansas Code — all titles (historical 2020) · legal_authorities
4-28-303. Domestic corporations — Consolidation pursuant to plan.
(a) Any two (2) or more domestic corporations may consolidate into a new corporation pursuant to a plan of consolidation approved in the manner provided in this subchapter.
(b) Each corporation shall adopt a plan of consolidation setting forth:
(1) The names of the corporations proposing to consolidate;
(2) The name of the new corporation into which they propose to consolidate, which is hereinafter designated as the new corporation;
(3) The terms and conditions of the proposed consolidation;
(4) With respect to the new corporation, all of the statements required to be set forth in articles of incorporation for corporations organized under the Arkansas Nonprofit Corporation Act, § 4-28-201 et seq.; and
(5) Any other provisions with respect to the proposed consolidation as are deemed necessary or desirable.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-28-303
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.
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Record provenance
Stable record: arkansas_code:legal_authorities:4-28-303
Source file: gov.ar.code.title.04.odt
Pages: Not recorded – Not recorded
Passage SHA-256: fb02ed368e93bec3f6ec70dedff372c65ce1d6c8ba88c0a97e7bd29a07c3e727
Source location: content.xml paragraph 18850
Stored source content
4-28-303. Domestic corporations — Consolidation pursuant to plan.
(a) Any two (2) or more domestic corporations may consolidate into a new corporation pursuant to a plan of consolidation approved in the manner provided in this subchapter.
(b) Each corporation shall adopt a plan of consolidation setting forth:
(1) The names of the corporations proposing to consolidate;
(2) The name of the new corporation into which they propose to consolidate, which is hereinafter designated as the new corporation;
(3) The terms and conditions of the proposed consolidation;
(4) With respect to the new corporation, all of the statements required to be set forth in articles of incorporation for corporations organized under the Arkansas Nonprofit Corporation Act, § 4-28-201 et seq.; and
(5) Any other provisions with respect to the proposed consolidation as are deemed necessary or desirable.
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Arkansas Code — all titles (historical 2020) · legal_authorities
4-28-201. Title.
Sections 4-28-201 — 4-28-206 and 4-28-209 — 4-28-224 shall be known as the “Arkansas Nonprofit Corporation Act”.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-28-201
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. The source passage cites 4-28-201. This identifies an authority to review, not proof of applicability.