The involuntary or supervised voluntary dissolution of a cooperative may be discontinued at any time during the dissolution proceedings, if it is established that cause for dissolution does not exist. The court shall dismiss the proceedings and direct the receiver, if any, to redeliver to the cooperative its remaining property and assets.
Structure 2021 Tennessee Code
Title 43 - Agriculture and Horticulture
Chapter 38 - Tennessee Processing Cooperative Law
Part 10 - Dissolution and Termination
§ 43-38-1003. Grounds for Administrative Dissolution
§ 43-38-1011. Claims Against Dissolving Cooperative
§ 43-38-1014. Termination of Existence
§ 43-38-1015. Dissolution Under the Supervision of the Court
§ 43-38-1016. Judicial Intervention
§ 43-38-1021. Discontinuation of Dissolution for Lack of Cause