{"code":"CORP","codeName":"Corporations Code","section":"12537","citation":"Corp. Code, § 12537","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 1. CORPORATIONS [100. - 14707.]","url":"https://blackletter.si/corporations-code/title-1"},{"name":"DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES [12000. - 14707.]","url":"https://blackletter.si/corporations-code/title-1/division-3"},{"name":"PART 2. COOPERATIVE CORPORATIONS [12200. - 12704.]","url":"https://blackletter.si/corporations-code/title-1/division-3/part-2"},{"name":"CHAPTER 10. Mergers [12530. - 12552.]","url":"https://blackletter.si/corporations-code/title-1/division-3/part-2/chapter-10"},{"name":"ARTICLE 1. Merger [12530. - 12540.1.]","url":"https://blackletter.si/corporations-code/title-1/division-3/part-2/chapter-10/article-1"}],"history":"Added by Stats. 1982, Ch. 1625, Sec. 3.   Operative January 1, 1984.","effective":null,"html":"<p>The board may, in its discretion, abandon a merger, subject to the contractual rights, if any, of third parties, including other constituent corporations, without further approval by the members at any time before the merger is effective.</p>","text":"The board may, in its discretion, abandon a merger, subject to the contractual rights, if any, of third parties, including other constituent corporations, without further approval by the members at any time before the merger is effective.","otherVersions":[],"url":"https://blackletter.si/corporations-code/merger-12537","source":"California Legislative Information bulk export (pubinfo)"}