2011 California Code
Corporations Code
TITLE 1. CORPORATIONS [100 - 14551]
CHAPTER 8. Merger
Section 3200
If any disappearing flexible purpose corporation in a merger is a close flexible purpose corporation and the surviving flexible purpose corporation is not a close flexible purpose corporation, the merger shall be approved by an affirmative vote of at least two-thirds of the outstanding shares of each class, or a greater vote if required in the articles, regardless of whether that class is entitled to vote thereon by the provisions of the articles, of the disappearing flexible purpose corporation. The articles may provide for a lesser vote, but not less than a majority of the outstanding shares of each class.
(Added by Stats. 2011, Ch. 740, Sec. 12. Effective January 1, 2012.)
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