2014 Idaho Statutes
Title 30 - CORPORATIONS
Chapter 3 - IDAHO NONPROFIT CORPORATION ACT
Section 30-3-104 - MERGER WITH FOREIGN CORPORATION.


ID Code § 30-3-104 (2014) What's This?

30-3-104. Merger with foreign corporation. (1) One (1) or more foreign business or nonprofit corporations may merge with one (1) or more domestic nonprofit corporations if:
(a) The merger is permitted by the law of the state or country under whose law each foreign corporation is incorporated and each foreign corporation complies with that law in effecting the merger;
(b) The foreign corporation complies with section 30-3-102, Idaho Code, if it is the surviving corporation of the merger; and
(c) Each domestic nonprofit corporation complies with the applicable provisions of sections 30-3-99 and 30-3-101, Idaho Code, and, if it is the surviving corporation of the merger, with section 30-3-102, Idaho Code.

(2) Upon the merger taking effect, the surviving foreign business or nonprofit corporation may be served with process in any proceeding brought against it as provided in section 30-413, Idaho Code.


History:

[30-3-104, added 1993, ch. 220, sec. 2, p. 729; am. 2007, ch. 314, sec. 35, p. 916.]

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