Arkansas Consolidation Agreement

• Category: Corporations - Consolidation
• State: Multi-State
• Control #: US-13409516BG
• Format: Word; Rich Text

Description

Generally, statutes authorizing the combination of corporations prescribe the steps by which consolidation or merger may be effected. The general procedure is that the constituent corporations make a contract setting forth the terms of the merger or consolidation, which is subsequently ratified by the requisite number of stockholders of each corporation.