16-6a-1105. Merger with foreign
nonprofit corporation.
(1) One or more domestic nonprofit corporations may merge
with one or more foreign nonprofit corporations if:
(a) the merger is permitted by the law of the state or
country under whose law each foreign nonprofit corporation is incorporated;
(b) each foreign nonprofit corporation complies with
the provisions of the law described in Subsection (1)(a) in effecting the
merger;
(c) if the foreign nonprofit corporation is the
surviving nonprofit corporation of the merger, the foreign nonprofit
corporation:
(i)
complies with Section 16-6a-1103;
and
(ii) in
addition to the information required by Section 16-6a-1103,
provides the address of its principal office; and
(d) each domestic nonprofit corporation complies with:
(i) the
applicable provisions of Sections 16-6a-1101 and 16-6a-1102;
and
(ii) if it
is the surviving nonprofit corporation of the merger, with Section 16-6a-1103.
(2) Upon the merger taking effect, a surviving foreign
nonprofit corporation of a merger may be served with process in any proceeding
brought against it as provided in Section 16-17-301.
(3) Service effected pursuant to Subsection (2) is perfected
at the earliest of:
(a) the date the foreign nonprofit corporation
receives the process, notice, or demand;
(b) the date shown on the return receipt, if signed on
behalf of the foreign nonprofit corporation; or
(c) five days after mailing.
(4) Subsection (2) does not prescribe the only means, or
necessarily the required means, of serving a surviving foreign nonprofit corporation
of a merger.
Amended by Chapter 364, 2008 General Session