§ 55-10-09. Effect of amendment. - North Carolina Statutes

§55‑10‑09.  Effect of amendment.

An amendment to articles ofincorporation does not affect a cause of action existing against or in favor ofthe corporation, a proceeding to which the corporation is a party, or theexisting rights of persons other than shareholders of the corporation.  Anamendment changing a corporation's name does not abate a proceeding brought byor against the corporation in its former name. (1955, c. 1371, s. 1; 1989,c. 265, s. 1.)