Vt. Stat. tit. 30 § 3024

Current through L. 2024, c. 185.
Section 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.

30 V.S.A. § 3024