RCW 23.100.1309

Plan of merger.

(1) A domestic limited cooperative association may become a party to a merger under this section and RCW 23.100.1308 and 23.100.1310 through 23.100.1313 by approving a plan of merger. The plan must be in a record and contain:
(a) As to each merging cooperative association, its name, jurisdiction of formation, and type of cooperative association;
(b) If the surviving cooperative association is to be created in the merger, a statement to that effect and the association's name, jurisdiction of formation, and type of association;
(c) The manner of converting the interests in each party to the merger into interests, obligations, money, other property, rights to acquire interests, or any combination of the foregoing;
(d) If the surviving cooperative association exists before the merger, any proposed amendments to:
(i) Its public organic record, if any; and
(ii) Its private organic rules that are, or are proposed to be, in a record;
(e) If the surviving cooperative association is to be created in the merger:
(i) Its proposed public organic record, if any; and
(ii) The full text of its private organic rules that are proposed to be in a record;
(f) The other terms and conditions of the merger; and
(g) Any other provision required by the law of a merging cooperative association's jurisdiction of formation or the organic rules of a merging cooperative association.
(2) In addition to the requirements of subsection (1) of this section, a plan of merger may contain any other provision not prohibited by law.
[ 2019 c 37 § 1309.]