16-1a-703. Plan of merger.

196 words·~1 min read·/ut/title-16/chapter-1a/16-1a-703

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Effective 10/1/2026

(1)A domestic entity may become a party to a merger by approving a plan of merger.

(2)A plan of merger shall contain:

(a)each merging entity's:

(i)name;

(ii)jurisdiction of formation; and

(iii)type of entity;

(b)if the merger creates a surviving entity:

(i)a statement stating that the merger creates a surviving entity; and

(ii)the surviving entity's:

(A)name;

(B)jurisdiction of formation; and

(C)type of entity;

(c)if the surviving entity exists before the merger, any proposed amendment to the surviving entity's:

(i)public organic record; and

(ii)private organic rules that are, or that the surviving entity proposes to be, in a record;

(d)the manner by which the interest of each party to the merger will convert to an interest, a security, an obligation, money, property, or a right to acquire an interest or security in the surviving entity;

(e)all other terms and conditions of the merger; and

(f)any other provision required by the law of a merging entity's jurisdiction of formation or the organic rules of a merging entity.

Enacted by Chapter 93 , 2026 General Session