MARVIN MANDEL, Governor

1867

(D)   FUNERAL HOMES.

A SOCIETY MAY NOT OWN OR OPERATE A FUNERAL HOME OR
UNDERTAKING ESTABLISHMENT.

(E)   RECORD OF INCOME AND DISBURSEMENTS.

THE SOCIETY SHALL MAINTAIN A SEPARATE ACCOUNTING FOR
ANY INCOME AND DISBURSEMENTS UNDER THIS SECTION AND
REPORT THEM IN ITS ANNUAL STATEMENT.

REVISOR'S NOTE: This section presently appears as
Art. 48A, §321.

The only changes are in style.

6-416. CONSOLIDATION OR MERGER - PROCEDURE,

(A)   GENERAL RULE.

A SOCIETY MAY CONSOLIDATE OR MERGE WITH ANY OTHER
SOCIETY AS PROVIDED IN THIS SECTION.

(B)   PROCEDURE.

THE SOCIETY SHALL FILE WITH THE COMMISSIONERS

(1)    A CERTIFIED COPY OF THE WRITTEN CONTRACT
WHICH CONTAINS IN FULL THE TERMS AND THE CONDITIONS OF
THE CONSOLIDATION OF MERGER;

(2)    A STATEMENT VERIFIED UNDER OATH BY THE
PRESIDENT AND SECRETARY OR THE CORRESPONDING OFFICERS OF
EACH SOCIETY PARTY TO THE CONTRACT WHICH SHOWS THE
FINANCIAL CONDITION OF THE SOCIETY ON A DATE SET BY THE
COMMISSIONER, BUT NOT BEFORE DECEMBER 31 PRECEDING THE
DATE OF THE CONTRACT;

(3) A CERTIFICATE VERIFIED UNDER OATH BY THE
OFFICERS DESCRIBED IN PARAGRAPH (2) OF THIS SUBSECTION
WHICH STATES THAT THE CONSOLIDATION OR MERGER WAS
APPROVED BY A TWO-THIRDS VOTE OF THE SUPREME LEGISLATIVE
OR GOVERNING BODY OF EACH SOCIETY; AND

(4) EVIDENCE THAT THE TEXT OF THE CONTRACT
WAS MAILED TO EVERY MEMBER OF EACH SOCIETY OR WAS
PUBLISHED IN FULL IN THE OFFICIAL ORGAN OF THAT SOCIETY
AT LEAST 60 DAYS BEFORE THE APPROVAL OF THE SUPREME
LEGISLATIVE OR GOVERNING BODY OF THE SOCIETY.

(C)   AFFIDAVIT OF MAILING NOTICE.

THE AFFIDAVIT OF ANY OFFICER OF THE SOCIETY OR OF