RSA 293-A:11.04 Action on a Plan of Merger or Share Exchange.

Title: XXVII - CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS Chapter: 293-A - NEW HAMPSHIRE BUSINESS CORPORATION ACT

In the case of a domestic corporation that is a party to a merger or share exchange:
(a) The plan of merger or share exchange must be adopted by the board of directors.
(b) Except as provided in subsection (g) and in RSA 293-A:11.05, after adopting the plan of merger or share exchange the board of directors must submit the plan to the shareholders for their approval. The board of directors must also transmit to the shareholders a recommendation that the shareholders approve the plan, unless: (i) the board of directors makes a determination that because of conflicts of interest or other special circumstances it should not make such a recommendation; or (ii) RSA 293-A:8.26 applies. If either (i) or (ii) applies, the board of directors must transmit to the shareholders the

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