Legislation
SECTION 910
Merger or consolidation of corporations formed under the religious corporations law and certain other corporations formed for religious p...
Not-for-Profit Corporation (NPC) CHAPTER 35, ARTICLE 9
§ 910. Merger or consolidation of corporations formed under the
religious corporations law and certain other corporations
formed for religious purposes.
(a) One or more corporations formed under the religious corporations
law and one or more corporations formed for religious purposes to which
the not-for-profit corporation law applies by virtue of paragraph (a) of
section one hundred three of this chapter may be merged or consolidated
pursuant to section nine hundred one, with the effect provided in
section nine hundred one and paragraph (b) of section nine hundred five
of this chapter.
(b) Each corporation which is a party to such merger or consolidation
shall comply with the provisions of this section and of sections 902,
903, 904 and 907 of this chapter and, if and to the extent applicable,
sections 906 and 909 of this chapter.
(c) If the surviving corporation or consolidated corporation is a
domestic or authorized foreign corporation not formed under the
religious corporations law, then, a certificate of merger or
consolidation shall be filed with the department of state, and the
surviving or consolidated corporation shall thereafter cause a copy of
such certificate, certified by the department of state, to be filed in
the office of the clerk of the county in which each constituent
corporation other than the surviving corporation is located, the county
in which the certificate of incorporation of each constituent domestic
corporation or application for authority of each constituent authorized
foreign corporation, other than the surviving corporation, is filed and
the office of the official who is the recording officer of such county
in this state in which real property of a constituent corporation other
than the surviving corporation, is located.
(d) If the surviving corporation or consolidated corporation is a
corporation formed under the religious corporations law, then, the
certificate of merger or consolidation shall be filed with the office of
the official in which the certificate of incorporation of the surviving
or consolidated corporation was filed, and the surviving or consolidated
corporation shall thereafter cause a copy of such certificate, certified
by such office, to be filed in the office in which the certificate of
incorporation of each constituent domestic corporation or application
for authority of each authorized foreign corporation other than the
surviving corporation was filed, and in the office of the official who
is the recording officer of each county in this state in which real
property of a constituent corporation, other than the surviving or
consolidated corporation, is located.
(e) Such merger or consolidation shall become effective with respect
to each constituent corporation upon the filing of a certificate of
merger or consolidation or certified copy thereof pursuant to paragraph
(c) or paragraph (d) of this section with the appropriate state or
county official therein specified. With respect to the surviving
corporation, such merger may become effective on such date subsequent
thereto, not to exceed thirty days, as shall be set forth in such
certificate. The filing of a certified copy with the office of a
recording officer of a county in which real property is located shall
not be a condition precedent to such merger or consolidation becoming
effective.
religious corporations law and certain other corporations
formed for religious purposes.
(a) One or more corporations formed under the religious corporations
law and one or more corporations formed for religious purposes to which
the not-for-profit corporation law applies by virtue of paragraph (a) of
section one hundred three of this chapter may be merged or consolidated
pursuant to section nine hundred one, with the effect provided in
section nine hundred one and paragraph (b) of section nine hundred five
of this chapter.
(b) Each corporation which is a party to such merger or consolidation
shall comply with the provisions of this section and of sections 902,
903, 904 and 907 of this chapter and, if and to the extent applicable,
sections 906 and 909 of this chapter.
(c) If the surviving corporation or consolidated corporation is a
domestic or authorized foreign corporation not formed under the
religious corporations law, then, a certificate of merger or
consolidation shall be filed with the department of state, and the
surviving or consolidated corporation shall thereafter cause a copy of
such certificate, certified by the department of state, to be filed in
the office of the clerk of the county in which each constituent
corporation other than the surviving corporation is located, the county
in which the certificate of incorporation of each constituent domestic
corporation or application for authority of each constituent authorized
foreign corporation, other than the surviving corporation, is filed and
the office of the official who is the recording officer of such county
in this state in which real property of a constituent corporation other
than the surviving corporation, is located.
(d) If the surviving corporation or consolidated corporation is a
corporation formed under the religious corporations law, then, the
certificate of merger or consolidation shall be filed with the office of
the official in which the certificate of incorporation of the surviving
or consolidated corporation was filed, and the surviving or consolidated
corporation shall thereafter cause a copy of such certificate, certified
by such office, to be filed in the office in which the certificate of
incorporation of each constituent domestic corporation or application
for authority of each authorized foreign corporation other than the
surviving corporation was filed, and in the office of the official who
is the recording officer of each county in this state in which real
property of a constituent corporation, other than the surviving or
consolidated corporation, is located.
(e) Such merger or consolidation shall become effective with respect
to each constituent corporation upon the filing of a certificate of
merger or consolidation or certified copy thereof pursuant to paragraph
(c) or paragraph (d) of this section with the appropriate state or
county official therein specified. With respect to the surviving
corporation, such merger may become effective on such date subsequent
thereto, not to exceed thirty days, as shall be set forth in such
certificate. The filing of a certified copy with the office of a
recording officer of a county in which real property is located shall
not be a condition precedent to such merger or consolidation becoming
effective.