2018 Iowa Code
Title XII - BUSINESS ENTITIES
Chapter 501 - CLOSED COOPERATIVES
Section 501.617 - Articles of merger or consolidation.
501.617
Articles of merger or consolidation.
1. Upon approval, articles of merger or articles of consolidation shall be executed by each cooperative as provided in section 501.105. The articles must include the following:
a. The plan of merger or the plan of consolidation.
b. As to each cooperative, the number of members.
c. As to each cooperative, the number of members who voted for and against the plan at the meeting called for that purpose.
2. The articles of merger or articles of consolidation shall be delivered to the secretary of state for filing.
3. The secretary of state, upon the filing of articles of merger or articles of consolidation, shall issue a certificate of merger or a certificate of consolidation and send the certificate to the surviving or new cooperative, or to its representative.
98 Acts, ch 1152, §41, 69; 2012 Acts, ch 1023, §157
Referred to in §501.611
