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California Corporations Code

§ 1112

CORP § 1112Div. 1 · Title 1 · Ch. 11

Statute text

View on leginfo.ca.gov
If a disappearing corporation in a merger is a corporation governed by this division and the surviving corporation is a nonprofit public benefit corporation, a nonprofit mutual benefit corporation, or a nonprofit religious corporation, the merger shall be approved by all of the outstanding shares of all classes of the disappearing corporation, regardless of limitations or restrictions on the voting rights thereof, notwithstanding any provision of Chapter 12 (commencing with Section 1200).

Legislative history

Added by Stats. 1979, Ch. 711.

Source: California Corporations Code § 1112 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.