2005 Idaho Code - 30-3-100 — APPROVAL OF PLAN OF MERGER

                                  TITLE  30
                                 CORPORATIONS
                                  CHAPTER 3
                       IDAHO NONPROFIT CORPORATION ACT
    30-3-100.  APPROVAL OF PLAN OF MERGER. (1) One (1) or more nonprofit
corporations may merge into a business or nonprofit corporation, if the plan
of merger is approved as provided in section 30-3-101, Idaho Code.
    (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;
    (b)  The terms and conditions of the planned merger;
    (c)  The manner and basis, if any, of converting memberships of each
    merging corporation into memberships, obligations or securities of the
    surviving or any other corporation or into cash or other property in whole
    or part.
    (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.

Disclaimer: These codes may not be the most recent version. Idaho may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.