490A.1202 - PLAN OF MERGER.

        490A.1202  PLAN OF MERGER.         1.  As used in this section, "interests" includes but is not      limited to membership interests in a domestic cooperative.         2.  Each constituent entity must enter into a written plan of      merger, which must be approved in accordance with section 490A.1203.         3.  The plan of merger must set forth all of the following:         a.  The name of each constituent entity in the merger and the      name of the surviving entity into which each other constituent entity      proposes to merge.         b.  The terms and conditions of the proposed merger.         c.  The manner and basis of converting the interests in each      constituent entity in the merger into interests, shares, or other      securities or obligations of the surviving entity, or of any other      entity, or, in whole or in part, into cash or other property.         d.  Such amendments to the articles of organization of a      limited liability company, articles or certificate of incorporation      of a corporation, or certificate of limited partnership of a limited      partnership, as the case may be, of the surviving entity as are      desired to be effected by the merger, or that no such changes are      desired.         e.  Other provisions relating to the proposed merger as are      deemed necessary or desirable.  
         Section History: Recent Form
         92 Acts, ch 1151, § 63; 2005 Acts, ch 135, §112         Referred to in § 490A.1201, 490A.1201A, 490A.1203, 490A.1206,      490A.1207