California Law (Last Updated: March 4, 2014) |
Corporations Code - CORP |
Title 1. CORPORATIONS |
Division 1. GENERAL CORPORATION LAW |
Chapter 11. Merger |
Section 1105.
Latest version.
-
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.
(Repealed and added by Stats. 1975, Ch. 682.)