6-464. Effect of conversion


When an association effects a conversion in accordance with either of the two
preceding sections, the corporate functions of such association shall not be interrupted;
but the identity of the association under a new name and new jurisdiction shall continue,
together with all of the obligations and liabilities of the association with such
revision of the corporate structure as may have been authorized; and all of its rights
and interests in and to every kind of property, real, personal or mixed, shall continue
without the necessity of a deed or other transfer. Any reference to the association
before conversion, contained in any writing, whether executed or effective before or
after the conversion, shall be deemed a reference also to the association after
conversion, if not inconsistent with the other provisions of such writing. No pending
action or other judicial proceeding to which the association is a party shall be abated
or discontinued by reason of such conversion, but the same may be prosecuted to final
judgment, order, or decree in the same manner as if such conversion had not occurred.