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HomeCorporations CodeCh. 10Art. 1§ 6015 Merger Agreement Amendment Approval

§ 6015 Merger Agreement Amendment Approval

Corporations Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 6015 Merger Agreement Amendment Approval

Key Takeaways

  • •If you want to change a merger agreement, you have to get approval from the board and sometimes the members of the companies involved.
  • •The way you get approval for changes is the same way you got approval for the original agreement.
  • •Once the changes are approved, the updated agreement becomes the new official merger agreement.

Example

Two companies, Company A and Company B, have agreed to merge. Later, they want to change some important parts of their merger agreement, like how much each company will be worth after the merger.

Company A and Company B must get their boards to approve the changes. If the changes are big, like changing how much each company is worth, they also need to get approval from their members (like shareholders). Once everyone approves, the changed agreement becomes the new official merger agreement.

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

Official Source
View on CA.gov

§ 6015 Merger Agreement Amendment Approval

(a) Any amendment to the agreement may be adopted and the agreement so amended may be approved by the board and, if it changes any of the principal terms of the agreement, by the members (Section 5034) or other person or persons, as required by Section 6012, of any constituent corporation in the same manner as the original agreement. (b) If the agreement so amended is approved as provided in subdivision (a), the agreement so amended shall then constitute the agreement of merger. (Amended by Stats. 1981, Ch. 587, Sec. 21.)

Last verified: January 23, 2026

Key Terms

amendmentagreement of mergerprincipal termsSection 6012

Related Statutes

  • § 12536 Amending Merger Agreements
  • § 6014 Merger Filing Requirements
  • § 8014 Merger Approval Filing Requirements
  • § 12531 Corporate Merger Agreement Requirements
  • § 12535 Merger Agreement Filing Requirements

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Corporations Code. Section 6015.
View Official Source