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Part 2 · Special provisions  ›  Division 2 · Merger involving limited liability companies › Section 59

Merger resolutions

The articles of association of the new company will take effect only if the holders of shares in each of the legal entities being acquired consent to such articles by adopting the merger resolution. This applies accordingly to the appointment of the managing directors and the members of the supervisory board of the new company, inasmuch as they are to be elected by the holders of shares in the legal entities being acquired.

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