Sec. 431.147. SUITS NOT AFFECTED. (a) An amendment to the articles of incorporation does not affect:
(1) any existing cause of action in favor of or against the corporation;
(2) any pending suit to which the corporation is a party; or
(3) the existing rights of any person.
(b) If an amendment to the articles of incorporation changes the name of the corporation, a suit brought by or against the corporation under its former name does not abate for that reason.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Section: Previous 431.110 431.141 431.142 431.143 431.144 431.145 431.146 431.147 431.148 431.149 431.150 431.151 431.152 431.153 431.181 NextLast modified: September 28, 2016