5928 - Effective date of merger or consolidation.
§ 5928. Effective date of merger or consolidation. Upon the filing of the articles of merger or the articles of consolidation in the Department of State, or upon the effective date specified in the plan of merger or consolidation, whichever is later, the merger or consolidation shall be effective. The merger or consolidation of one or more domestic corporations into a foreign corporation shall be effective according to the provisions of law of the jurisdiction in which such foreign corporation is incorporated, but not until articles of merger or articles of consolidation have been adopted and filed, as provided in this subchapter.