District Of Columbia § 31-4445 - Procedure for consolidating domestic companies.
Full text of District Of Columbia D.C. Code § 31-4445 — Procedure for consolidating domestic companies., with citation guidance and answers to common questions.
§ 31-4445. Procedure for consolidating domestic companies.
31-4445Two or more domestic life companies may consolidate into a new company.
To consolidate, the board of directors of each consolidating company, by resolution adopted by majority vote of the members of the boards, shall approve a plan of consolidation listing the following:
The names of the companies proposing to consolidate.
The name of the new company into which they propose to consolidate.
The terms and conditions of the proposed consolidation.
The manner and the basis of converting the shares or memberships of each company into:
Shares, memberships, or other securities of the new company.
Shares or other securities of another company.
Cash or property.
The articles of incorporation for domestic companies organized under this chapter.
Other provisions with respect to the proposed consolidation as are deemed necessary or desirable.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 31-4445
What does D.C. Code § 31-4445 cover?
Section 31-4445 ("Procedure for consolidating domestic companies.") is part of the D.C. Code, the codified statutory law of District Of Columbia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite District Of Columbia § 31-4445?
A common citation format is "D.C. Code § 31-4445" (District Of Columbia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 31-4445 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.