Certificate of merger or consolidation, issued when--copies, wherefiled.
370.355. 1. Upon approval by the director of the divisionof credit unions, articles of merger or articles of consolidationshall be executed in triplicate, by each credit union, by itspresident, or a vice president, and verified by him, and with thecorporate seal of each credit union affixed thereto, attested byits secretary or an assistant secretary, and shall set forth:
(1) The plan of merger or plan of consolidation;
(2) The total membership of each credit union;
(3) As to each credit union the number of members voting forand against the plan, respectively.
2. If the director of the division of credit unions findsthat the articles conform to law, when all required taxes or feeshave been paid, he shall file the same, keeping one copy as apermanent record, forward a copy to the secretary of state afterhaving issued a certificate of merger or a certificate ofconsolidation, and a verified copy of the certificate, to whichhe shall affix the other copy of the articles.
3. Upon the issuance of the certificate of merger or thecertificate of consolidation by the director of the division ofcredit unions, the merger or consolidation shall be effected.
4. The certificate of merger with a copy of the articles ofmerger affixed thereto by the director of the division of creditunions, or the certificates of consolidation with the copy of thearticles of consolidation and certified copy thereof, with thecopy of the articles of consolidation affixed thereto by thedirector of the division of credit unions, shall be returned tothe surviving credit union, or new credit union, as the case maybe, or to its representative.
Certificate of merger or consolidation, issued when--copies, wherefiled.
370.355. 1. Upon approval by the director of the divisionof credit unions, articles of merger or articles of consolidationshall be executed in triplicate, by each credit union, by itspresident, or a vice president, and verified by him, and with thecorporate seal of each credit union affixed thereto, attested byits secretary or an assistant secretary, and shall set forth:
(1) The plan of merger or plan of consolidation;
(2) The total membership of each credit union;
(3) As to each credit union the number of members voting forand against the plan, respectively.
2. If the director of the division of credit unions findsthat the articles conform to law, when all required taxes or feeshave been paid, he shall file the same, keeping one copy as apermanent record, forward a copy to the secretary of state afterhaving issued a certificate of merger or a certificate ofconsolidation, and a verified copy of the certificate, to whichhe shall affix the other copy of the articles.
3. Upon the issuance of the certificate of merger or thecertificate of consolidation by the director of the division ofcredit unions, the merger or consolidation shall be effected.
4. The certificate of merger with a copy of the articles ofmerger affixed thereto by the director of the division of creditunions, or the certificates of consolidation with the copy of thearticles of consolidation and certified copy thereof, with thecopy of the articles of consolidation affixed thereto by thedirector of the division of credit unions, shall be returned tothe surviving credit union, or new credit union, as the case maybe, or to its representative.
Certificate of merger or consolidation, issued when--copies, wherefiled.
370.355. 1. Upon approval by the director of the divisionof credit unions, articles of merger or articles of consolidationshall be executed in triplicate, by each credit union, by itspresident, or a vice president, and verified by him, and with thecorporate seal of each credit union affixed thereto, attested byits secretary or an assistant secretary, and shall set forth:
(1) The plan of merger or plan of consolidation;
(2) The total membership of each credit union;
(3) As to each credit union the number of members voting forand against the plan, respectively.
2. If the director of the division of credit unions findsthat the articles conform to law, when all required taxes or feeshave been paid, he shall file the same, keeping one copy as apermanent record, forward a copy to the secretary of state afterhaving issued a certificate of merger or a certificate ofconsolidation, and a verified copy of the certificate, to whichhe shall affix the other copy of the articles.
3. Upon the issuance of the certificate of merger or thecertificate of consolidation by the director of the division ofcredit unions, the merger or consolidation shall be effected.
4. The certificate of merger with a copy of the articles ofmerger affixed thereto by the director of the division of creditunions, or the certificates of consolidation with the copy of thearticles of consolidation and certified copy thereof, with thecopy of the articles of consolidation affixed thereto by thedirector of the division of credit unions, shall be returned tothe surviving credit union, or new credit union, as the case maybe, or to its representative.
