490.1009 - EFFECT OF AMENDMENT.

        490.1009  EFFECT OF AMENDMENT.         An amendment to the 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.  
         Section History: Recent Form
         89 Acts, ch 288, §117; 2002 Acts, ch 1154, §62, 125