An amendment to the 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, any requirement or limitation imposed upon the corporation or any property held by it by virtue of any trust upon which such property is held by the corporation, or the existing rights of persons other than members 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 14-3-1001 14-3-1002 14-3-1003 14-3-1004 14-3-1005 14-3-1005.1 14-3-1006 14-3-1007 14-3-1008Last modified: October 14, 2016