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Session Laws, 1978
Volume 736, Page 1301   View pdf image
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BLAIR LEE III, Acting Governor                            1301

(i) Each corporation AND BUSINESS TRUST
party to the articles has its principal office; and

(ii) Any of the parties in a
consolidation, merger, or transfer, other than the
successor, owns an interest in land;

[(6)] (7) If the successor is a foreign
corporation OR A FOREIGN BUSINESS TRUST:

(i) The location of its principal office
in the place where it is organized; and

(ii) The name and address of its resident
agent in this State;

[(7)] (8) A statement that the terms and
conditions of the transaction set forth in the articles were
advised, authorized, and approved by each corporation OR
BUSINESS TRUST party to the articles in the manner and by
the vote required by its charter OR DECLARATION OF TRUST and
the laws of the place where it is organized, and a statement
of the manner of approval; and

[(8)] (9) Every other provision necessary to
effect the consolidation, merger, share exchange, or
transfer of assets.

(c) In addition to the requirements of subsection (a)
of this section, articles of merger shall include:

(1)    Any amendment to the charter OR DECLARATION
OF TRUST of the successor to be effected as part of the
merger;

(2)    As to each corporation party to the
articles:

(i) The total number of shares of stock
of all classes which the corporation has authority to issue;

(ii) The number of shares of stock of each
class;

(iii) The par value of the shares of stock
of each class or a statement that the shares are without par
value; and

(iv) If there are any shares of stock with
par value, the aggregate par value of all the shares of all
classes;

(3)    AS TO EACH BUSINESS TRUST PARTY TO THE
ARTICLES:

(I) THE TOTAL NUMBER OF SHARES OF
BENEFICIAL INTEREST OF ALL CLASSES WHICH THE BUSINESS TRUST

 

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Session Laws, 1978
Volume 736, Page 1301   View pdf image
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