25 U.S.C. § 5205 — Amendment or revocation of charters; suits by and against associations
submitted 90 years ago by ch. 831 to r/title-25-INDIANS · 138 words · no verdicts yet
This section addresses Amendment or revocation of charters; suits by and against associations. It sets out the rules, permissions, duties, definitions, and exceptions stated in the section.
The charters of any cooperative association organized under section 5204 of this title must not be amended or revoked by the Secretary* except after a majority vote of the membership. that cooperative associations may sue and be sued in any court of the State of Oklahoma or of the United States having jurisdiction of the cause of action, but a certified copy of all papers filed in any action against a cooperative association in a court of Oklahoma must be served upon the Secretary of the Interior, or upon an employee duly authorized by him to receive that service. Within thirty days after that service or within that extended time as the trial court may permit, the Secretary of the Interior may intervene in that action or may remove that action to the United States district court.
The charters of any cooperative association organized pursuant to section 5204 of this title shall not be amended or revoked by the Secretary* except after a majority vote of the membership. Such cooperative associations may sue and be sued in any court of the State of Oklahoma or of the United States having jurisdiction of the cause of action, but a certified copy of all papers filed in any action against a cooperative association in a court of Oklahoma shall be served upon the Secretary of the Interior, or upon an employee duly authorized by him to receive such service. Within thirty days after such service or within such extended time as the trial court may permit, the Secretary of the Interior may intervene in such action or may remove such action to the United States district court.
Source credit: (June 26, 1936, ch. 831, § 5, 49 Stat. 1968; June 25, 1948, ch. 646, § 29, 62 Stat. 991.)
- 1936Enacted · Act of June 26, 1936, ch. 831 · 49 Stat. 1968
- 1948Amended · Act of June 25, 1948, ch. 646 · 62 Stat. 991
A history note hasn’t been published yet. The record shows enactment by ch. 831 on 1936-06-26.
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