TITLE 1. CORPORATIONS 100-14631›DIVISION 2. NONPROFIT CORPORATION LAW 5000-10841›PART 3. NONPROFIT MUTUAL BENEFIT CORPORATIONS 7110-8910›CHAPTER 10. Mergers 8010-8022›ARTICLE 2. Effect of Merger 8020-8022
§ 8022
California Corporations Code · 2018-11 edition · updated 2026-10-04 · California
Any bequest, devise, gift, grant, or promise contained in a will or other instrument of donation, subscription, or conveyance, which is made to a constituent corporation and which takes effect or remains payable after the merger, inures to the surviving party to the merger.
(Amended by Stats. 1999, Ch. 437, Sec. 22. Effective January 1, 2000.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code