4. The association shall be called by such name as its founders may choose, provided mention be made in the memorandum that it is founded under this act, and provided that, on the whole, such name cannot be confounded with that of any other existing association.
The association may, upon the same conditions, change its name by a by-law passed at a general meeting, pursuant to the provisions of the second paragraph of section 29, and deposited in the manner prescribed for the memorandum of its founding. Such change of name shall not effect any change in the rights and obligations of the association and proceedings begun by or against it may be continued under its new name.
R. S. 1964, c. 294, s. 4.