16:12-25 - Effect of change on property rights and liabilities
16:12-25.Ā Effect of change on property rights and liabilities
After such change of name such corporations shall respectively hold, conveyĀ and administer, under and by their new name, all the property, estates, trusts,Ā rights, privileges and franchises which they had under their former name, andĀ may receive, hold, convey and administer all estates, gifts, bequests, devises,Ā conveyances and trusts given or made to them by their new name or any formerĀ name, as fully and to the same intent as if such name had not been changed andĀ such estates, gifts, bequests, devises, conveyances and trusts had been givenĀ or made to them by their former name.
Such change of name shall not impair any legal liability or obligation of orĀ to such corporations.
Ā
After such change of name such corporations shall respectively hold, conveyĀ and administer, under and by their new name, all the property, estates, trusts,Ā rights, privileges and franchises which they had under their former name, andĀ may receive, hold, convey and administer all estates, gifts, bequests, devises,Ā conveyances and trusts given or made to them by their new name or any formerĀ name, as fully and to the same intent as if such name had not been changed andĀ such estates, gifts, bequests, devises, conveyances and trusts had been givenĀ or made to them by their former name.
Such change of name shall not impair any legal liability or obligation of orĀ to such corporations.
Ā
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