NONPROFIT CORPORATION ACT (EXCERPT)
Act 162 of 1982
450.2707 Certificate of merger or certificate of consolidation; execution and filing; contents; effective date.
Sec. 707.
(1) After approval of a plan of merger or consolidation, a certificate of merger or a certificate of consolidation shall be executed and filed on behalf of each corporation. The certificate shall set forth the plan of merger or the plan of consolidation and either of the following:
(a) A statement that the plan of merger or consolidation has been adopted by the board and approved by the shareholders or members in accordance with sections 701 to 703(1) and (2).
(b) A statement that the plan of merger or consolidation has been adopted by the board in accordance with section 703(3).
(2) The certificate of merger or consolidation shall become effective in accordance with section 131.
History: 1982, Act 162, Eff. Jan. 1, 1983
© 2009 Legislative Council, State of Michigan
