17-1641. Effect of merger on pending actions.

17-1641

Chapter 17.--CORPORATIONS
Article 16.--COOPERATIVE MARKETING

      17-1641.   Effect of merger on pending actions. Any action or proceeding, whether civil, criminal or administrative, pending by or against any association or corporation which is a party to a merger or consolidation shall be prosecuted as if such merger or consolidation had not taken place, or the association or corporation surviving or resulting from such merger or consolidation may be substituted in such action or proceeding.

      History:   L. 1991, ch. 74, § 5; May 30.