New Jersey § 14a:10-6
Full text of New Jersey New Jersey Statutes § 14a:10-6, with citation guidance and answers to common questions.
§ 14a:10-6.
When a merger or consolidation has become effective: (a) The parties to the plan of merger or consolidation shall be a single corporation,
which, in the case of a merger, shall be that corporation designated in the plan of
merger as the surviving corporation, and, in the case of a consolidation, shall be
the new corporation provided for in the plan of consolidation. (b) The separate existence of all parties to the plan of merger or consolidation,
except the surviving or new corporation, shall cease. (c) Such surviving or new corporation shall, to the extent consistent with its certificate
of incorporation as amended or established by the merger or consolidation, possess
all the rights, privileges, powers, immunities, purposes and franchises, both public
and private, of each of the merging or consolidating corporations. (d) All real property and personal property, tangible and intangible, of every kind
and description, belonging to each of the corporations so merged or consolidated shall
be vested in the surviving or new corporation without further act or deed; and the
title to any real estate, or any interest therein, vested in any of such corporations
shall not revert or be in any way impaired by reason of such merger or consolidation. (e) The surviving or new corporation shall be liable for all the obligations and liabilities
of each of the corporations so merged or consolidated; and any claim existing or
action or proceeding pending by or against any of such corporations may be enforced
as if such merger or consolidation had not taken place. Neither the rights of creditors nor any liens upon, or security interests in, the
property of any of such corporations shall be impaired by such merger or consolidation. (f) In the case of a merger, the certificate of incorporation of the surviving corporation
shall, without further act or deed, be amended to the extent, if any, stated in the
plan of merger; and, in the case of a consolidation, the statements set forth in
the certificate of consolidation and which are required or permitted to be set forth
in the certificate of incorporation of corporations organized under this act shall
be the certificate of incorporation of the new corporation.
Frequently Asked Questions About New Jersey § 14a:10-6
What does New Jersey Statutes § 14a:10-6 cover?
Section 14a:10-6 is part of the New Jersey Statutes, the codified statutory law of New Jersey. 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 New Jersey § 14a:10-6?
A common citation format is "New Jersey Statutes § 14a:10-6" (New Jersey). 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 New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 14a:10-6 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey 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 New Jersey.