§ 4-28-302 - Domestic corporations -- Merger pursuant to plan. - Arkansas Statutes

4-28-302. Domestic corporations -- Merger pursuant to plan.

(a) Any two (2) or more domestic corporations may merge into one (1) of such corporations pursuant to a plan of merger approved in the manner provided in this subchapter.

(b) Each corporation shall adopt a plan of merger setting forth:

(1) The name of the corporations proposing to merge;

(2) The name of the corporation into which they propose to merge, which is hereinafter designated as the surviving corporation;

(3) The terms and conditions of the proposed merger;

(4) A statement of any changes in the articles of incorporation of the surviving corporation to be affected by the merger; and

(5) Any other provisions with respect to the proposed merger as are deemed necessary or desirable.