10-11101. Definitions A. In this article, unless the context otherwise requires: 1. " Plan" means a plan of merger, interest exchange, conversion, domestication or division, as applicable. 2. " Transaction" means a merger, an interest exchange, a conversion, a domestication or a division, as applicable. B. Except for terms defined in chapters 24 through 40 […]
10-11102. Entity restructuring transactions A. If its board of directors adopts and, if required by section 10-11103, its members and other persons approve a plan, a domestic corporation may be a party to or otherwise undertake a transaction by adopting a plan and otherwise complying with this article and: 1. Title 29, chapter 6, article […]
10-11103. Action on plan A. If the members of a domestic corporation or other persons are entitled to vote on or approve the plan, except as provided in subsection G of this section, after adopting a plan, the board of directors of the corporation shall submit the plan for approval by its members and the […]
10-11105. Statement of merger or interest exchange; publication or posting Within sixty days after the commission approves the filing, either of the following must occur: 1. A copy of the statement of merger or interest exchange shall be published. An affidavit evidencing the publication may be filed with the commission. 2. The commission shall input […]
10-11108. Requests, devises and gifts Unless the will or other instrument otherwise specifically provides, any bequest, devise, gift, grant or promise that is contained in a will or other instrument of donation, subscription or conveyance, that is made to a domestic nonprofit corporation and that takes effect or remains payable after the transaction inures, as […]
