California Corporations Code

§ 1105

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

CORP § 1105Div. 1 · Title 1 · Ch. 11

Statute text

View on leginfo.ca.gov

The board may, in its discretion, abandon a merger, subject to the contractual rights, if any, of third parties, including other constituent corporations, without further approval by the outstanding shares (Section 152), at any time before the merger is effective.

Legislative history

Repealed and added by Stats. 1975, Ch. 682.