SENATE AMENDMENT

    Bill No. SB 704

    Amendment No.    

                            CHAMBER ACTION
              Senate                               House
                                   .
                                   .
 1                                 .
                                   .
 2                                 .
                                   .
 3                                 .
                                   .
 4                                                                

 5

 6

 7

 8

 9

10                                                                

11  Senators Grant and Harris moved the following amendment to

12  amendment (562918):

13

14         Senate Amendment 

15         On page 41, lines 15-20, delete those lines

16

17  and insert:

18         (b)  The title to all property other than real property

19  or any interest therein, owned by each domestic corporation

20  and other business entity that is a party to the merger is

21  vested in the surviving entity without reversion or

22  impairment. Title to real property or any interest therein

23  shall be conveyed by the recordation of a deed with payment of

24  applicable taxes thereon.

25

26

27

28

29

30

31

                                  1
    9:20 AM   04/29/98                                s0704b-13j02