Rights of creditors and lienors unaffected by consolidation or merger.

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  2. South Dakota Codified Laws
  3. Corporations
  4. Rural Electric Cooperatives
  5. Rights of creditors and lienors unaffected by consolidation or merger.

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47-21-34. Rights of creditors and lienors unaffected by consolidation or merger.

Neither the rights of creditors nor any liens upon the property of any of the consolidating or merging cooperatives shall be impaired by such consolidation or merger.

Source: SL 1947, ch 33, §19; SDC Supp 1960, §11.2219 (4).


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