2005 Idaho Code - 30-3-103 — EFFECT OF MERGER

                                  TITLE  30
                                 CORPORATIONS
                                  CHAPTER 3
                       IDAHO NONPROFIT CORPORATION ACT
    30-3-103.  EFFECT OF MERGER. When a merger takes effect:
    (1)  Every other corporation party to the merger merges into the surviving
corporation and the separate existence of every corporation except the
surviving corporation ceases;
    (2)  The title to all real estate and other property owned by each
corporation party to the merger is vested in the surviving corporation without
reversion or impairment subject to any and all conditions to which the
property was subject prior to the merger;
    (3)  The surviving corporation has all liabilities and obligations of each
corporation party to the merger;
    (4)  A proceeding pending against any corporation party to the merger may
be continued as if the merger did not occur or the surviving corporation may
be substituted in the proceeding for the corporation whose existence ceased;
and
    (5)  The articles of incorporation and bylaws of the surviving corporation
are amended to the extent provided in the plan of merger.