450.4703 Plan of merger; execution; certificate; contents and effectiveness.

215 words·~1 min read·/mi/chapter-450/450-4703

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Sec. 703.

(1)After a plan of merger is approved, a certificate of merger shall be executed as provided in section 103 and filed on behalf of each constituent company. The certificate shall set forth all of the following:

(a)The statements required by section 701(2)(a) and (c).

(b)A statement that the plan of merger has been approved by the members of the constituent company in accordance with section 702(1).

(c)A statement of any assumed names of merging limited liability companies transferred to the surviving company as authorized by section 206(6), specifying each transferred assumed name and the name of the limited liability company from which it is transferred. The certificate may include a statement of limited liability company names or assumed names of merging limited liability companies that are to be treated as newly filed assumed names of the survivor pursuant to section 206(7).

(d)The effective date of the merger if later than the date the certificate of merger is filed.

(2)The certificate of merger is effective in accordance with section 104.

History: 1993, Act 23, Eff. June 1, 1993 ;-- Am. 1994, Act 410, Imd. Eff. Dec. 29, 1994 ;-- Am. 1997, Act 52 , Imd. Eff. July 1, 1997