Fact Pattern 41-1
Grandview Office Suites, Inc., merges with Hilltop Commercial Properties, Inc. Only Hilltop remains.
-Refer to Fact Pattern 41-1. The articles of merger include changes that differ from Hilltop's articles of incorporation. The articles of incorporation
A) are deemed amended to include the changes.
B) are replaced by the articles of merger.
C) effectively prevent the merger.
D) preempt the articles of merge.

Question

Fact Pattern 41-1​
Grandview Office Suites, Inc., merges with Hilltop Commercial Properties, Inc. Only Hilltop remains.
-Refer to Fact Pattern 41-1. The articles of merger include changes that differ from Hilltop's articles of incorporation. The articles of incorporation​
A) ​are deemed amended to include the changes.
B) ​are replaced by the articles of merger.
C) ​effectively prevent the merger.
D) ​preempt the articles of merge.

Quizplus · Accepted Answer

The articles of incorporation are deemed amended to include the changes specified in the articles of merger, as the merger results in the surviving entity adopting the new terms.

Fact Pattern 41-1​ Grandview Office Suites, Inc., Merges with Hilltop Commercial Properties, Inc

Fact Pattern 41-1 Grandview Office Suites, Inc., Merges with Hilltop Commercial Properties, Inc