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| | CHAPTER 20. MERGER, CONSOLIDATION OR CONVERSION |
 | | The separate existence of all associations, parties to the plan of merger or consolidation, shall cease, except, in the case of a merger, that of the surviving association or federal savings and loan association. |
 | | Upon the issuance of the certificate of merger, consolidation or conversion by the Secretary of State, the merger, consolidation or conversion shall be effective. |
 | | The certificate of merger, consolidation or conversion shall be conclusive evidence of the performance of all conditions precedent to such consolidation, merger or conversion and the creation or existence of a new, surviving or converted association, except as against the State. |
| www.delcode.state.de.us /title5/c020/index.htm (1575 words) |
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