Sec. 4.5. (a) After a merger is authorized, and at any time before the articles of merger are filed, the planned merger may be amended in accordance with the procedure set forth in the plan of merger or, if none is set forth, in the manner determined by the board of directors.
(b) After a merger is authorized, and at any time before the articles of merger are filed, the planned merger may be abandoned (subject to any contractual rights), without further member action, in accordance with the procedure set forth in the plan of merger or, if none is set forth, in the manner determined by the board of directors.
As added by P.L.118-2017, SEC.90.
Structure Indiana Code
Title 23. Business and Other Associations
Article 17. Nonprofit Corporations
23-17-19-1. Authorization; Plan; Required Provisions; Optional Provisions
23-17-19-2. Mergers Without Prior Approval; Conditions
23-17-19-3. Approval of Mergers
23-17-19-4. Articles of Merger; Contents; Effective Date; Filing
23-17-19-4.5. Amendment or Abandonment of Plan of Merger
23-17-19-6. Foreign Corporations