Sec. 92.454. EFFECT OF MERGER. (a) A merger takes effect on the date the last required certificate of merger is issued. (b) After the merger takes effect: (1) a corporation that was merged ceases to exist; (2) the savings bank assumes the rights and obligations of the corporation and owns the property of the corporation; and (3) the savings bank's articles of incorporation are considered amended to the extent that a change is stated in the plan of merger.
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