§ 5-628. Merger
West's Annotated Code of MarylandCorporations and Associations
MD Code, Corporations and Associations, § 5-628
§ 5-628. Merger
(a) A cooperative may merge into another cooperative, or have one or more cooperatives merged into it, as provided in this section.
(b)(1) A proposed merger and proposed articles of merger that effect the merger shall be submitted for consideration at an annual or special meeting of the members of each merging cooperative and of the successor.
(c) If the proposed merger, proposed articles of merger, and any amendments to the proposed articles of merger are approved by the members of each merging cooperative and of the successor as provided in subsection (b) of this section:
(d)(1) The articles of merger shall contain:
Credits
Added by Acts 2002, c. 135, § 3, eff. Oct. 1, 2002.
MD Code, Corporations and Associations, § 5-628, MD CORP & ASSNS § 5-628
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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