17-5547


Chapter 17.--CORPORATIONS


Article 55.--SAVINGS AND LOAN CODE; POWERS

     
17-5547.   Same; continuation of judicial proceedings.
All pending actions or other judicial proceedings to which any of the
associations is a party shall not be deemed to have abated or to have
discontinued by reason of such merger, but may be pressed to final
judgment, order or decree in the same manner as if a merger had not been
made, or the association resulting from such merger may be substituted as a
party to such action or proceedings and any judgment, order or decree may
be rendered for or against it which might have been rendered for or against
any of the merging associations theretofore involved in such action or
other judicial proceedings.

     
History:   L. 1943, ch. 133, § 125; July 1.