176. From the date of taking effect appearing on the articles of amalgamation, the cooperative and the business corporation that have amalgamated continue in existence as the cooperative resulting from the amalgamation.
The resulting cooperative acquires the rights of the cooperative and of the business corporation that have amalgamated and assumes their obligations.
1982, c. 26, s. 176; 1995, c. 67, s. 108; 2009, c. 52, s. 565.