§ 6012 Merger Approval Requirements

Corporations Code·California

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Key Takeaways

•If two companies want to merge, the people who own parts of each company must agree to it.
•Other important people listed in the company rules must also agree to the merge.
•These people can say yes to the merge before or after the company leaders agree.

Example

Imagine two small toy companies want to become one big toy company.

The people who own parts of each toy company must vote and agree to merge. If the company rules say the founder must also agree, then the founder must say yes too. They can agree before or after the company bosses say yes.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 6012 Merger Approval Requirements

The principal terms of the merger shall be approved by the members (Section 5034) of each constituent corporation and by each other person or persons whose approval of an amendment of articles is required by the articles; and the approval by the members (Section 5034) or such other person or persons required by this section may be given before or after the approval by the board. (Amended by Stats. 1981, Ch. 587, Sec. 20.)

Last verified: January 23, 2026

Key Terms

principal terms of the merger members (Section 5034)approval of an amendment of articles

References

Official text at leginfo.legislature.ca.gov
California Legislature. Corporations Code. Section 6012.

Key Takeaways

Example

Key Terms

Related Statutes

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Key Takeaways

Example

Key Terms

Related Statutes

References