Statute · California Corporations Code
Cal. Corp. Code § 18400 — Merger
Cal. Corp. Code § 18400
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Date
- 2006-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A bequest, devise, gift, grant, or promise contained in a will or other instrument of donation, subscription, or conveyance that is made to a disappearing entity and that takes effect or remains payable after the merger inures to the benefit of the surviving entity. A trust obligation that would…
Citator
Cal. Corp. Code § 18400 — Merger is in force in the current edition of the Code, and nothing recorded condemns it.
A bequest, devise, gift, grant, or promise contained in a will or other instrument of donation, subscription, or conveyance that is made to a disappearing entity and that takes effect or remains payable after the merger inures to the benefit of the surviving entity. A trust obligation that would govern property if transferred to the disappearing entity applies to property that is instead transferred to the surviving entity under this section.