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Laws of North Carolina (Last Updated: May 12, 2015) |
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Chapter55. North Carolina Business Corporation Act. |
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Article10. Amendment of Articles of Incorporation and Bylaws |
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Part1. Amendment of Articles of Incorporation |
§55-10-09. Effect of amendment
Latest version.
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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.
(1955, c. 1371, s. 1; 1989, c. 265, s. 1.)