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23-1-40-1. Right to Merge; Plan of Merger

Sec. 1. (a) One (1) or more corporations may merge into another corporation if the board of directors of each corporation adopts and its shareholders (if required by section 3 of this chapter) approve a plan of merger. (b) The plan of merger must set forth: (1) the name of each corporation planning to merge […]

23-1-40-1. Right to Merge; Plan of Merger

Sec. 1. (a) One (1) or more corporations may merge into another corporation if the board of directors of each corporation adopts and its shareholders (if required by section 3 of this chapter) approve a plan of merger. (b) The plan of merger must set forth: (1) the name of each corporation planning to merge […]

23-1-40-2. Acquisition of Shares of Another Corporation; Plan of Exchange

Sec. 2. (a) A corporation may acquire all of the outstanding shares of one (1) or more classes or series of another corporation if the board of directors of each corporation adopts and its shareholders (if required by section 3 of this chapter) approve the exchange. (b) The plan of exchange must set forth: (1) […]

23-1-40-2. Acquisition of Shares of Another Corporation; Plan of Exchange

Sec. 2. (a) A corporation may acquire all of the outstanding shares of one (1) or more classes or series of another corporation if the board of directors of each corporation adopts and its shareholders (if required by section 3 of this chapter) approve the exchange. (b) The plan of exchange must set forth: (1) […]

23-1-40-4. Merger of Subsidiary and Parent Corporation

Sec. 4. (a) A parent corporation owning at least ninety percent (90%) of the outstanding shares of each class of a subsidiary corporation may merge the subsidiary and the parent corporation without approval of the shareholders of the parent or subsidiary. (b) If the parent corporation will be the surviving corporation, the board of directors […]

23-1-40-4. Merger of Subsidiary and Parent Corporation

Sec. 4. (a) A parent corporation owning at least ninety percent (90%) of the outstanding shares of each class of a subsidiary corporation may merge the subsidiary and the parent corporation without approval of the shareholders of the parent or subsidiary. (b) If the parent corporation will be the surviving corporation, the board of directors […]

23-1-40-5. Surviving Corporation; Filing of Articles of Merger or Share Exchange

Sec. 5. (a) After a plan of merger or share exchange is approved by the shareholders, or adopted by the board of directors if shareholder approval is not required, the surviving or acquiring corporation shall deliver to the secretary of state for filing articles of merger or share exchange setting forth: (1) the name of […]

23-1-40-5. Surviving Corporation; Filing of Articles of Merger or Share Exchange

Sec. 5. (a) After a plan of merger or share exchange is approved by the shareholders, or adopted by the board of directors if shareholder approval is not required, the surviving or acquiring corporation shall deliver to the secretary of state for filing articles of merger or share exchange setting forth: (1) the name of […]

23-1-40-6. Effect of Merger

Sec. 6. (a) When a merger takes effect: (1) every other corporation party to the merger merges into the surviving corporation and the separate existence of every corporation except the surviving corporation ceases; (2) the title to all real estate and other property owned by each corporation party to the merger is vested in the […]

23-1-40-6. Effect of Merger

Sec. 6. (a) When a merger takes effect: (1) every other corporation party to the merger merges into the surviving corporation and the separate existence of every corporation except the surviving corporation ceases; (2) the title to all real estate and other property owned by each corporation party to the merger is vested in the […]

23-1-40-7. Foreign Corporations; Participation in Merger or Share Exchange

Sec. 7. (a) One (1) or more foreign corporations may participate in a merger or a share exchange with one (1) or more domestic corporations if: (1) in a merger, the merger is permitted by the law of the state or country under whose law each foreign corporation is incorporated and each foreign corporation complies […]

23-1-40-7. Foreign Corporations; Participation in Merger or Share Exchange

Sec. 7. (a) One (1) or more foreign corporations may participate in a merger or a share exchange with one (1) or more domestic corporations if: (1) in a merger, the merger is permitted by the law of the state or country under whose law each foreign corporation is incorporated and each foreign corporation complies […]

23-1-40-8. Repealed

As added by P.L.178-2002, SEC.100. Amended by P.L.178-2005, SEC.6. Repealed by P.L.118-2017, SEC.17.

23-1-40-8. Repealed

As added by P.L.178-2002, SEC.100. Amended by P.L.178-2005, SEC.6. Repealed by P.L.118-2017, SEC.17.