§414-289 - Effect of amendment.
[§414-289] Effect of amendment. An
amendment to 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, or the existing rights of persons other than shareholders
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. [L 2000,
c 244, pt of §1]