15A:10-8 - Abandonment of merger or consolidation - New Jersey Statutes

15A:10-8.  Abandonment of merger or consolidation
    Prior to the time when a merger or consolidation authorized by this chapter  shall become effective, the merger or consolidation may be abandoned pursuant  to provisions therefor, if any, set forth in the plan of merger or consolidation.  If a certificate of merger or consolidation has been filed in the office of the Secretary of State prior to the abandonment, an original and a copy of a certificate of abandonment shall be filed in the office of the Secretary of State.  The certificate shall be executed on behalf of each corporation which is a party to the plan of merger or consolidation, unless the  plan permits abandonment by less than all of the corporations, in which event  the certificate may be executed on behalf of the corporation or corporations  exercising the right to abandon. The certificate shall state that the merger  or consolidation has been abandoned in accordance with the provisions therefor  set forth in the plan of merger or consolidation.  The Secretary of State shall  forward the copy to the Attorney General.

     L.1983, c. 127, s. 15A:10-8, eff. Oct. 1, 1983.