§ 3024.
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/vt/title-30/chapter-81/3024A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 3024. Responsibilities for liabilities transferred
The new or surviving cooperative shall be responsible and liable for all the liabilities and obligations of each of the consolidating or merging cooperatives and a claim existing or action or proceeding pending by or against a consolidating or merging cooperative may be prosecuted as if the consolidation or merger had not taken place, but the new or surviving cooperative may be substituted in its place.