A plan of merger approved by a resolution of the board of each corporation shall be proposed setting out

(1) the names of the corporations proposing to merge and the name of the surviving corporation into which they propose to merge;

Terms Used In Alaska Statutes 10.06.532

  • articles of incorporation: means the original or restated articles of incorporation and all amendments and includes articles of merger. See Alaska Statutes 10.06.990
  • board: means the board of directors of a domestic or foreign corporation. See Alaska Statutes 10.06.990
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • shares: means the units into which the proprietary interests in a corporation are divided. See Alaska Statutes 10.06.990
  • surviving corporation: means a corporation into which one or more other corporations are merged. See Alaska Statutes 10.06.990
(2) the terms and conditions of the proposed merger;
(3) the manner and basis of converting the shares of each merging corporation into shares or other securities or obligations of the surviving corporation;
(4) a statement of changes in the articles of incorporation of the surviving corporation caused by the merger; and
(5) other provisions of the merger considered necessary or desirable.
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