7-90-203. Merger of entities

7-90-203. Merger of entities. (1) One or more domestic entities may merge into a domestic entity of a form the same as or different from any of the merging entities pursuant to a plan of merger complying with section 7-90-203.3 and approved pursuant to section 7-90-203.4. (2) One or more domestic entities may merge into a foreign entity of a form the same as or different from that of any of the merging entities, or one or more foreign entities may merge into a domestic entity of a form the same as or different from that of any of the merging entities, pursuant to a plan of merger complying with section 7-90-203.3 and approved, in the case of a domestic entity, pursuant to section 7-90-203.4, if: (a) The merger is not prohibited by the constituent documents or organic statutes of each foreign entity; (b) Each foreign entity complies with all of the requirements, if any, of its constituent documents and organic statutes in effecting the merger; and (c) Any foreign entity that is the surviving entity of the merger complies with section 7-90-204.5. (3) to (7) (Deleted by amendment, L. 2007, p. 235, § 23, effective May 29, 2007.)