§414-289 - Effect of amendment.
[§414-289] Effect of amendment. Anamendment to articles of incorporation does not affect a cause of actionexisting against or in favor of the corporation, a proceeding to which thecorporation is a party, or the existing rights of persons other than shareholdersof the corporation. An amendment changing a corporation's name does not abatea proceeding brought by or against the corporation in its former name. [L 2000,c 244, pt of §1]