Section 10.15.390. Effect of amendments.  


Latest version.
  • An amendment does not affect an existing cause of action in favor of or against the cooperative, or a pending suit to which the cooperative is a party, or the existing rights of persons other than members or affected shareholders.  If the cooperative's name is changed by amendment, a suit brought by or against the cooperative under its former name does not abate for that reason.

Notes


History

(Sec. 43(3) ch 107 SLA 1959)