other interest of, belonging to, or due to each constituents

corp.

SHALL be deemed TRANSFERRED to and vested in

such surviving or consolidated corp. w/o further act or
deed;
The surviving or the consolidated corp. shall be
RESPONSIBLE
By a foreign court or equivalent foreign regulatory authority for
27.
Requisites for REMOVAL of DIRECTORS or TRUSTEES:

The removal must “take place either at a regular meeting of the

corp. or at a special meeting called for the purpose”;

There must be a previous notice to the stockholders or members

of the corp. of the intention to propose such removal at the
meeting; and

The removal must be “by a vote of the stockholders holding or

representing 2/3 of the OCS or if the corp. be a nonstock corp.,
by a vote of 2/3 of the members entitled to vote.”

A SPECIAL MEETING of the stockholders or members for the

purpose of removing ang director or member must be called by
the secretary
on order of the president,
OR
upon written dema