18 NCAC 04 .0311             ART OF MERGER/SHARE EXCH INVOLVING FOREIGN ENTITY

Each foreign entity which is a party to a merger or a share exchange pursuant to G.S. 55‑11‑07, 55-11-09, 55A-11-06, 55A-11-08, or 57C-9-06 shall be identified in the articles of merger or share exchange by state or country of incorporation or organization.  Articles of merger filed pursuant to these statutes shall contain:

(1)           a statement that the merger is permitted by the law of the state or country of incorporation or organization of each foreign entity which is a party, and

(2)           a statement that each foreign entity which is a party has complied or shall comply with the applicable laws of its state or country of incorporation or organization regarding such merger.

History Note:        Filed as a Temporary Amendment Eff. July 1, 1990 For a Period of 180 Days to Expire on December 27, 1990;

ARRC Objection Lodged June 21, 1990;

ARRC Objection Removed August 20, 1990;

Authority G.S. 55-11-07; 55-11-09; 55A-11-06; 55A-11-08; 57C-9-06;

Eff. February 1, 1976;

Amended Eff. March 1, 1996; February 1, 1991.