1. (1) A domestic entity may become a party to a merger by approving a plan of merger.

2. (2) A plan of merger shall contain:

   1. (a) each merging entity's:

      1. (i) name;
      2. (ii) jurisdiction of formation; and
      3. (iii) type of entity;

   2. (b) if the merger creates a surviving entity:

      1. (i) a statement stating that the merger creates a surviving entity; and

      2. (ii) the surviving entity's:

         1. (A) name;
         2. (B) jurisdiction of formation; and
         3. (C) type of entity;

   3. (c) if the surviving entity exists before the merger, any proposed amendment to the surviving entity's:

      1. (i) public organic record; and
      2. (ii) private organic rules that are, or that the surviving entity proposes to be, in a record;
   4. (d) the manner by which the interest of each party to the merger will convert to an interest, a security, an obligation, money, property, or a right to acquire an interest or security in the surviving entity;
   5. (e) all other terms and conditions of the merger; and
   6. (f) any other provision required by the law of a merging entity's jurisdiction of formation or the organic rules of a merging entity.

Enacted by Chapter 93, 2026 General Session