17-5562. Same; vested rights not disturbed during dissolution.

17-5562

Chapter 17.--CORPORATIONS
Article 55.--SAVINGS AND LOAN CODE; POWERS

      17-5562.   Same; vested rights not disturbed during dissolution. No such dissolution, or any action of the board of directors in connection therewith, shall impair any contract right between such association and any borrower or other person or persons, or the vested rights of any member of such association.

      History:   L. 1943, ch. 133, § 140; July 1.