Section 33. Merger

Any  one  or  more  cooperatives  (each  of  which  is
  hereinafter designated a "merging cooperative") may merge  into  another
  cooperative  (hereinafter  designated  the  "surviving cooperative"), by
  complying with the following requirements:
    (a) The proposition for the merger of the  merging  cooperatives  into
  the surviving cooperative and proposed articles of merger to give effect
  thereto  shall  be submitted to a meeting of the members of each merging
  cooperative and of the surviving cooperative, the notice of which  shall
  have attached thereto a copy of the proposed articles of merger;
    (b)  If  the proposed merger and the proposed articles of merger, with
  any amendments, are approved by the affirmative vote of  not  less  than
  two-thirds  of  those members of each cooperative voting thereon at each
  such meeting, articles of merger in the form approved shall be  executed
  and  acknowledged on behalf of each such cooperative by its president or
  vice-president and its seal shall be affixed thereto and attested by its
  secretary. The articles of merger shall recite that  they  are  executed
  pursuant  to  this chapter and shall state: (1) the name of each merging
  cooperative and the address of its principal office; (2) the name of the
  surviving cooperative and the address of its  principal  office;  (3)  a
  statement  that  each  merging cooperative and the surviving cooperative
  agree to the merger; (4) the names and addresses of the directors of the
  surviving cooperative; and (5) the terms and conditions  of  the  merger
  and  the  mode of carrying the same into effect, including the manner in
  which members of the merging cooperatives may or shall become members of
  the  surviving  cooperative;  and  may  contain   any   provisions   not
  inconsistent  with  this  chapter  deemed necessary or advisable for the
  conduct of the business of the surviving cooperative.  The president  or
  vice-president  of  each  cooperative  executing such articles of merger
  shall make and annex thereto an affidavit stating that the provisions of
  this section in respect of such articles were duly complied with by such
  cooperative.