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Current as of January 01, 2024 | Updated by Findlaw Staff
All rights of creditors and liens upon the property of the consolidating cooperatives shall be preserved unimpaired; and all debts, liabilities, and duties of each consolidating cooperative shall thenceforth become the obligation of the new cooperative and may be enforced against the latter to the same extent as if the obligations and liabilities had been incurred or contracted by it.
Cite this article: FindLaw.com - Vermont Statutes Title 11. Corporations, Partnerships and Associations, § 1065. Preservation of rights and liabilities - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-11-corporations-partnerships-and-associations/vt-st-tit-11-sect-1065/
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