Alaska Statutes 10.15.390 – Effect of certain amendments
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 10.15.390
- action: includes any matter or proceeding in a court, civil or criminal. See Alaska Statutes 01.10.060
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- cooperative: means a cooperative corporation subject to the provisions of this chapter. See Alaska Statutes 10.15.595
An amendment does not affect an existing cause of action in favor of or against the cooperative, or a pending suit to which the cooperative is a party, or the existing rights of persons other than members or affected shareholders. If the cooperative’s name is changed by amendment, a suit brought by or against the cooperative under its former name does not abate for that reason.