Neither the rights of creditors nor any liens upon the property of any of the consolidating or merging cooperatives shall be impaired by such consolidation or merger. Source: SL 1947, ch 33 , § 19; SDC Supp 1960, § 11.2219 (4).
SDCL § 47-21-34 — under RURAL ELECTRIC COOPERATIVES.
SDCL § 47-21-34
Neither the rights of creditors nor any liens upon the property of any of the consolidating or merging cooperatives shall be impaired by such consolidation or merger. Source: SL 1947, ch 33 , § 19; SDC Supp 1960, § 11.2219 (4).