Filings required for merger; effective date

(a) After each constituent limited cooperative association has approved a merger, articles of merger shall be signed on behalf of each constituent association by an authorized representative. (b) The articles of merger shall include: (1) The name of each constituent limited cooperative association and the jurisdiction under the laws of which it is organized; (2) The name of the surviving limited cooperative association, the jurisdiction under the laws of which it is organized, and, if the surviving association is created by the merger, a statement to that effect; (3) The date the merger is to be effective; (4) If the surviving association is to be created by the merger and will be a domestic limited cooperative association, the limited cooperative association’s articles of organization; (5) If the surviving association is not created by the merger and is a domestic limited cooperative association, any amendments provided for in the plan of merger to its articles of organization; (6) A statement as to each constituent association that the merger was approved as required by its organic law; (7) If the surviving association is a foreign cooperative not authorized to do business in the District, the street address and, if different, mailing address of an office which the Mayor may use for the purposes of § 29-104.12; and (8) Any additional information required by the organic law of any constituent association. (c) Each limited cooperative association that is a party to a merger shall deliver the articles of merger to the Mayor for filing. (d) A merger shall be effective under this subchapter upon the later of: (1) Compliance with subsection (c) of this section; or (2) Subject to § 29-102.03, as specified in the articles of merger.