499.53 - QUO WARRANTO.
499.53 QUO WARRANTO. The right of an association to exist or continue under this chapter may be inquired into by the attorney general, but not otherwise. If from its biennial report or otherwise, the secretary of state is informed that it is not functioning as a cooperative, the secretary shall so notify the attorney general who, if the attorney general finds reasonable cause so to believe, shall bring action to oust it and wind up its affairs.
Section History: Early Form [C35, § 8512-g53; C39, § 8512.53; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 499.53]
Section History: Recent Form 2000 Acts, ch 1022, §9