RCW 23B.11.010
Merger.
(1) One or more corporations may merge into another corporation if the board of directors of each corporation adopts and its shareholders, if required by RCW 23B.11.030, approve a plan of merger.
(2) The plan of merger must include:
(a) The name of each corporation planning to merge and the name of the surviving corporation into which each other corporation plans to merge;
(b) The terms and conditions of the merger; and
(c) The manner and basis of converting the shares of each corporation into shares, obligations, or other securities of the surviving or any other corporation or into cash or other property in whole or part, or of canceling some or all of such shares.
(3) The plan of merger may include:
(a) Amendments to the articles of incorporation of the surviving corporation, or a restatement that includes one or more amendments to the surviving corporation's articles of incorporation; and
(b) Other provisions relating to the merger.
(4) The terms of a plan of merger may be made dependent on facts objectively ascertainable outside the plan in accordance with RCW 23B.01.200(3).
[ 2022 c 42 § 107; 2020 c 194 § 11; 1989 c 165 § 131.]
Structure Revised Code of Washington
Title 23B - Washington Business Corporation Act
Chapter 23B.11 - Merger and Share Exchange.
23B.11.030 - Approval of plan of merger or share exchange.
23B.11.035 - Plan of merger or share exchange—Separate voting group.
23B.11.040 - Merger of or into subsidiary.
23B.11.050 - Articles of merger or share exchange.
23B.11.060 - Effect of merger or share exchange.
23B.11.070 - Merger or share exchange with foreign corporation.
23B.11.090 - Articles of merger.
23B.11.100 - Merger—Corporation is surviving entity.
23B.11.110 - Merger with foreign and domestic entities—Effect.