2013 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 062 - Cooperatives
Section 62.621 - Articles of merger.
(1) After a plan of merger is approved by each business entity that is a party to the merger, the surviving business entity shall deliver to the office of the Secretary of State, for filing, articles of merger setting forth:
(a) The plan of merger;
(b) The date of approval of the plan;
(c) A statement that the plan of merger was duly authorized and approved by each business entity that is a party to the merger in accordance with ORS 62.619;
(d) As to each cooperative, the numbers of member votes cast for and against the plan; and
(e) As to each cooperative, if shareholders are authorized to vote on the plan, the number of shareholder votes entitled to be voted on the plan, the number of such shareholder votes cast for and against the plan and the number of such votes required by the articles for approval thereof.
(2) The merger takes effect on the later of the date and time determined pursuant to ORS 62.035 or the date and time determined pursuant to the statutes governing any party to the merger that is a business entity other than a cooperative. [Formerly 62.615]
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