79-11-319 - Plan of merger of corporations. - Mississippi Statutes

§ 79-11-319. Plan of merger of corporations.
 

(1)  One or more nonprofit corporations may merge into a business or nonprofit corporation, if the plan of merger is approved as provided in Section 79-11-321. 

(2)  The plan of merger must set forth: 

(a) The name of each corporation planning to merge and the name of the surviving corporation into which each plans to merge; and 

(b) The terms and conditions of the planned merger. 

(3)  The plan of merger may set forth: 

(a) Any amendments to the articles of incorporation or bylaws of the surviving corporation to be effected by the planned merger; and 

(b) Other provisions relating to the planned merger. 
 

Sources: Laws,  1987, ch. 485, § 110, eff from and after January 1, 1988.