An amendment to articles of incorporation does not affect a cause of action existing against or in favor of the corporation, a proceeding to which the corporation is a party, or the existing rights of persons other than shareholders of the corporation. An amendment changing a corporation's name does not abate a proceeding brought by or against the corporation in its former name.
Section: Previous 4-27-1002 4-27-1003 4-27-1004 4-27-1005 4-27-1006 4-27-1007 4-27-1008 4-27-1009Last modified: November 15, 2016