16-6a-1009 - Effect of amendment of articles of incorporation.
16-6a-1009. Effect of amendment of articles of incorporation.
(1) An amendment to the articles of incorporation does not affect:
(a) any existing right of persons other than members;
(b) any cause of action existing against or in favor of the nonprofit corporation; or
(c) any proceeding to which the nonprofit corporation is a party.
(2) An amendment changing a nonprofit corporation's corporate name does not abate aproceeding brought by or against a nonprofit corporation in its former corporate name.
Enacted by Chapter 300, 2000 General Session