Code of Virginia - Title 13.1 Corporations - Section 13.1-891 Effect of amendment of articles of incorporation

§ 13.1-891. Effect of amendment of articles of incorporation

An amendment to the articles of incorporation does not affect a cause of action existing in favor of or against the corporation, a proceeding to which the corporation is a party, 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.

(Code 1950, § 13.1-239; 1956, c. 428; 1985, c. 522; 2007, c. 925.)

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Last modified: April 2, 2009