(1) Upon receipt of articles of amalgamation, the Registrar shall issue a certificate of amalgamation in accordance with section 511.
(2) On the date shown in a certificate of amalgamation, in respect of an amalgamated company,
(a) the amalgamation of the amalgamating companies and their continuance as one company becomes effective;
(b) the property of each amalgamating company becomes the property of the amalgamated company and is vested in that company without further assurance;
(c) the amalgamated company becomes liable for the obligations of each amalgamating company;
(d) any existing cause of action, claim or liability to prosecution is unaffected;
(e) a civil, criminal or administrative action or proceeding pending by or against an amalgamating company may be continued by or against the amalgamated company;
(f) a conviction against, or ruling, order or judgment in favour of or against, an amalgamating company may be enforced by or against the amalgamated company; and
(g) the articles of amalgamation are the articles of incorporation of the amalgamated company, and, except for the purposes of section 65(1), the certificate of amalgamation is the certificate of incorporation of the amalgamated company.
Dissenters' Rights and Obligations