New Jersey § 15a:10-2
Full text of New Jersey New Jersey Statutes § 15a:10-2, with citation guidance and answers to common questions.
§ 15a:10-2.
a. Any two or more domestic corporations may consolidate into a new corporation pursuant
to a plan of consolidation approved in the manner provided in this act. b. The board of each corporation shall approve a plan of consolidation setting forth: (1) the names of corporations proposing to consolidate, and the name of the new corporation
into which they propose to consolidate, which is hereinafter designated as the new
corporation; (2) the terms and conditions of the proposed consolidation; (3) the manner and basis of converting the memberships of each corporation, in whole
or in part, into memberships or obligations of the new corporation or into cash or
other property; (4) with respect to the new corporation, all of the statements required to be set
forth in the certificate of incorporation for corporations organized under this act,
except that it shall not be necessary to set forth the name and address of each incorporator;
and (5) any other provisions with respect to the proposed consolidation as are deemed
necessary or desirable.
Frequently Asked Questions About New Jersey § 15a:10-2
What does New Jersey Statutes § 15a:10-2 cover?
Section 15a:10-2 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 § 15a:10-2?
A common citation format is "New Jersey Statutes § 15a:10-2" (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 § 15a:10-2 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.