273.281 Procedure for consolidation. Any two (2) or more
domestic corporations may consolidate into a new corporation
pursuant to a plan of consolidation approved in the manner provided
in KRS 273.161 to 273.390. Each corporation shall adopt a plan of
consolidation setting forth: (1) The names of the
corporations proposing to consolidate, and the name of the new
corporation into which they propose to consolidate, which is
hereinafter designated as the new corporation. (2) The terms
and conditions of the proposed consolidation. (3) With
respect to the new corporation, all of the statements required to
be set forth in articles of incorporation for corporations
organized under KRS 273.161 to 273.390. (4) Such other
provisions with respect to the proposed consolidation as are deemed
necessary or desirable. History: Created 1968 Ky. Acts ch.
165, sec. 38.
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