New York Laws
Part 1 - General Organization
223 - Consolidation or Merger of Corporations.

ยง 223. Consolidation or merger of corporations. Any two or more
corporations chartered under the powers of the regents or incorporated
under a special act of the legislature or under a general law for
purposes for which a charter may be granted by the regents may enter
into an agreement for the consolidation or merger of such corporations,
setting forth the terms and conditions of consolidation or merger, the
name of the proposed consolidated or merged corporation, the place or
places where the institution or institutions to be maintained is or are
to be located, the number of its directors, which may be five or more,
the time of the annual election and the names of the persons to be
directors until the first or next annual meeting.

The agreement must be approved by three-fourths of the trustees or
directors of such corporations at a meeting of the trustees or directors
of each corporation, separately and specially called for that purpose,
which approval, duly verified by the chairman and clerk of such meeting,
shall be annexed to the petition. On presentation of a petition,
together with the certificate of approval and the agreement for
consolidation or merger, and on such notice to interested parties as the
regents shall prescribe, and after hearing such interested parties as
desire to be heard, the regents may make and execute an order for the
consolidation or merger of the corporations on such terms and conditions
as the regents may prescribe. When such order is made, such corporations
shall become one corporation by the name designated in the order, and
shall be subject only to such duties and obligations as a corporation
formed under this chapter for the same purposes; and all the property
belonging to the corporations so consolidated or merged shall be vested
in and transferred to the new or surviving corporation, which shall be
subject to all the liabilities of the former corporations, to the same
extent as if they had been contracted or incurred by it. If any
corporation so consolidated or merged was incorporated under a special
act of the legislature or under a general law pursuant to which its
certificate of incorporation was filed with the department of state, the
regents shall deliver a certified copy of the order of consolidation or
merger to such department.

Structure New York Laws

New York Laws

EDN - Education

Title 1 - General Provisions

Article 5 - University of the State of New York

Part 1 - General Organization

201 - Corporate Name and Objects.

202 - Regents.

203 - Officers.

204 - Meetings and Absences.

205 - Quorum.

206 - Authority to Take Testimony and Conduct Hearings.

207 - Legislative Power.

207-A - Disclosure of Gifts Made to Institutions of Higher Education by Foreign Governments, Persons and Entities.

208 - General Examinations, Credentials and Degrees.

208-A - Scheduling of Examinations.

209 - Academic Examinations; Admission and Fees.

209-A - Applications for Admission to College.

210 - Registrations.

210-A - Admission Requirements for Graduate-Level Teacher and Educational Leader Programs.

210-B - Graduate-Level Teacher and Educational Leadership Program Deregistration and Suspension.

210-C - Interstate Reciprocity Agreement for Post-Secondary Distance Education Programs.

211 - Review of Regents Learning Standards.

211-A - Enhanced State Accountability System.

211-B - Consequences for Consistent Lack of Improvement in Academic Performance.

211-C - Distinguished Educators.

211-D - Contract for Excellence.

211-E - Educational Partnership Organizations.

211-F - Takeover and Restructuring Failing Schools.

212 - Fees.

212-A - Return of Deposits for Professional and Graduate Schools.

212-B - Return of Tuition for Colleges, Universities, Professional, Proprietary and Graduate Schools.

212-C - Teacher Accreditation Review Fees.

213 - Extension of Educational Facilities.

213-B - Unlawful Sale of Dissertations, Theses and Term Papers.

214 - Institutions in the University.

215 - Visitation and Reports.

215-A - Annual Report by Regents to Governor and Legislature.

215-B - Annual Report by Commissioner to Governor and Legislature.

215-C - Promoting Cost-Effectiveness in Public Elementary and Secondary Schools.

215-D - State University of New York Report on Economic Development Activities.

216 - Charters.

216-A - Applicability of Not-for-Profit Corporation Law.

216-B - Private Foundations, as Defined in the United States Internal Revenue Code of 1954: Provisions Included in the Charter.

216-C - Special Provisions for Cutlery and Knife Museums That Exhibit Automatic Knifes.

217 - Provisional Charters.

218 - Conditions of Incorporation.

219 - Change of Name or Charter.

220 - Distribution of Assets.

221 - Dissolution of Educational Institution by Stockholders.

222 - Suspension of Operations.

223 - Consolidation or Merger of Corporations.

224 - Prohibitions.

224-A - Students Unable Because of Religious Beliefs to Register or Attend Classes on Certain Days.

225 - Unlawful Acts in Respect to Examinations and Records.

226 - Powers of Trustees of Institutions.

227 - Colleges May Construct Water-Works and Sewer Systems.

228 - The Hamilton College Sewer District.

229 - County Educational Institutions.

230 - Municipal Training Institute.

231 - Town and County Officers Training School.

232 - Departments and Their Government.

233 - State Museum; Collections Made by the Staff.

233-A - Property of the State Museum.

233-AA - Property of Other Museums.

233-B - New York State Freedom Trail Commission.

233-C - Study.

234 - Indian Collection.

235 - State Science Service.

235-A - New York State Biodiversity Research Institute.

235-B - New York State Biological Survey.

236 - Public Television and Radio.

237 - Regents Plan for Higher Education Including Approved Plans of State University and City University of New York and Plans of Independent Institutions of Higher Education.

238 - Chair on Geriatrics in the State University.

238-A - Statewide Resource Centers for Geriatric Education.

239 - Albert Einstein Chairs in Science and Albert Schweitzer Chairs in the Humanities.

239-A - Collection and Distribution of Student's Residual Consumer Goods.

239-B - Research Dogs and Cats.