Statute · California Corporations Code
Cal. Corp. Code § 1105 — Merger
Cal. Corp. Code § 1105
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The board may, in its discretion, abandon a merger, subject to the contractual rights, if any, of third parties, including other constituent corporations, without further approval by the outstanding shares (Section 152), at any time before the merger is effective.
Citator
Cal. Corp. Code § 1105 — Merger is in force in the current edition of the Code, and nothing recorded condemns it.
The board may, in its discretion, abandon a merger, subject to the contractual rights, if any, of third parties, including other constituent corporations, without further approval by the outstanding shares (Section 152), at any time before the merger is effective.