16-10a-1009 - Effect of amendment.
16-10a-1009. Effect of amendment.
An amendment to articles of incorporation does not affect a cause of action existingagainst or in favor of the corporation, a proceeding to which the corporation is a party, or theexisting rights of persons other than shareholders of the corporation. An amendment changing acorporation's name does not abate a proceeding brought by or against the corporation in its formername.
Enacted by Chapter 277, 1992 General Session