1. (1) A domestic limited cooperative association may become a party to a merger under this section and RCW 23.100.1308 and 23.100.1310 through 23.100.1313 by approving a plan of merger. The plan must be in a record and contain:

   1. (a) As to each merging cooperative association, its name, jurisdiction of formation, and type of cooperative association;
   2. (b) If the surviving cooperative association is to be created in the merger, a statement to that effect and the association's name, jurisdiction of formation, and type of association;
   3. (c) The manner of converting the interests in each party to the merger into interests, obligations, money, other property, rights to acquire interests, or any combination of the foregoing;

   4. (d) If the surviving cooperative association exists before the merger, any proposed amendments to:

      1. (i) Its public organic record, if any; and
      2. (ii) Its private organic rules that are, or are proposed to be, in a record;

   5. (e) If the surviving cooperative association is to be created in the merger:

      1. (i) Its proposed public organic record, if any; and
      2. (ii) The full text of its private organic rules that are proposed to be in a record;
   6. (f) The other terms and conditions of the merger; and
   7. (g) Any other provision required by the law of a merging cooperative association's jurisdiction of formation or the organic rules of a merging cooperative association.
2. (2) In addition to the requirements of subsection (1) of this section, a plan of merger may contain any other provision not prohibited by law.

[ 2019 c 37 s 1309.]