Laws: Cases and Codes : U.S. Code : Title 25 : Section 505


   
U.S. Code as of: 01/19/04
Section 505. Amendment or revocation of charters; suits by and against associations

      The charters of any cooperative association organized pursuant to
    section 504 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.



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