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 14-2-1001 14-2-1002 14-2-1003 14-2-1004 14-2-1005 14-2-1006 14-2-1006.1 14-2-1007 14-2-1008 14-2-1009Last modified: October 14, 2016