SENATE AMENDMENT

    Bill No. SB 704

    Amendment No.    

                            CHAMBER ACTION
              Senate                               House
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11  Senators Grant and Harris moved the following amendment to

12  amendment (562918):

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14         Senate Amendment 

15         On page 12, lines 14-19, and

16            page 23, lines 8-13, delete those lines

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18  and insert:

19         (2)  The title to all property other than real property

20  or any interest therein, owned by each domestic corporation

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

22  vested in the surviving entity without reversion or

23  impairment. Title to real property or any interest therein

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

25  applicable taxes thereon.

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    9:19 AM   04/29/98                                s0704b-13j01