§ 505. — Amendment or revocation of charters; suits by and against associations.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 25USC505]
TITLE 25--INDIANS
CHAPTER 14--MISCELLANEOUS
SUBCHAPTER VIII--INDIANS IN OKLAHOMA: PROMOTION OF WELFARE
Sec. 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.
(June 26, 1936, ch. 831, Sec. 5, 49 Stat. 1968; June 25, 1948, ch. 646,
Sec. 29, 62 Stat. 991.)
Amendments
1948--Act June 25, 1948, struck out provisions relating to procedure
for removal. See sections 1441 to 1450 of Title 28, Judiciary and
Judicial Procedure.
Effective Date of 1948 Amendment
Section 38 of act June 25, 1948, provided that the amendment made by
that act is effective Sept. 1, 1948.
