Alaska Statutes (Last Updated: January 11, 2017) |
Title 10. CORPORATIONS AND ASSOCIATIONS. |
Chapter 10.15. ALASKA COOPERATIVE CORPORATION ACT. |
Article 10.15.03. AMENDMENT AND RESTATEMENT OF ARTICLES. |
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)