Cal. Corp. Code § 9640. Law applicable; authorized mergers; agreement: Mergers – California

Status: Enacted
Year Enacted: 1978
Year Amended: 2011
File: Download

A corporation may merge with any domestic corporation, foreign corporation, or other business entity (Section 5063.5). However, without the prior written consent of the Attorney General, a religious corporation may only merge with another religious corporation or with a public benefit corporation or a foreign nonprofit corporation or an unincorporated association, the governing documents of which provide that its assets are irrevocably dedicated to charitable, religious, or public purposes.


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