§ 8016

California Corporations Code · 2026-10 edition · updated 2026-10-04 · California

The board may, in its discretion, abandon a merger, subject to the contractual rights, if any, of third parties, including other constituent corporations, without further approval by the members (Section 5034) or other persons entitled to approve the merger at any time before the merger is effective.

(Amended by Stats. 1982, Ch. 662, Sec. 18.)

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California Corporations Code

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