California Corporations Code

§ 12552

CORP § 12552 Effective Jan 1, 2000Div. 3 · Title 1 · Part 2 · Ch. 10 · Art. 2

Statute text

Any bequest, devise, gift, grant, or promise contained in a will or other instrument of donation, subscription, or conveyance, which is made to a constituent corporation and which takes effect or remains payable after the merger, inures to the surviving party to the merger.

Legislative history

Amended by Stats. 1999, Ch. 437, Sec. 25.6. Effective January 1, 2000.