{"data":{"id":"us-ri/r.i.-gen.-laws-7-6-44","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 7-6-44","heading":"Procedure for consolidation.","body":"(a) Notwithstanding anything to the contrary contained in any general or public law, rule, or regulation, any two (2) or more entities, whether defined in § 7-6-2, § 7-1.2-106, § 7-13-1, or § 7-16-2, may consolidate into one of the entities pursuant to a plan of consolidation approved in the manner provided in this chapter. This section does not apply to insurance holding company systems as defined in § 27-35-1.\n(b) Each entity shall adopt a plan of consolidation setting forth:\n(1) The names of the entities proposing to consolidate, and the name of the new entity into which they propose to consolidate, which is subsequently designated as the new entity;\n(2) The terms and conditions of the proposed consolidation;\n(3) Regarding the new entity, all of the statements required to be set forth in articles of incorporation for entities organized under this chapter; and\n(4) Any other provisions regarding the proposed consolidation that are deemed necessary or desirable.","path":["Title 7 Corporations, Associations, and Partnerships","Chapter 6 Rhode Island Nonprofit Corporation Act"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE7/7-6/7-6-44.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T19:03:39Z","sha256":"db01c8ba19902843fca99c97d8b478174fdba6bf8836bee53a57324a1bcf7bb8","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-7-6-43","next":"us-ri/r.i.-gen.-laws-7-6-45"},"notice":"GroundRules: Original legal text. Not legal advice."}
