Arkansas Statutes

§ 4-27-1009 — Effect of amendment

Arkansas·Title 4
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.

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Legislative History

Acts 1987, No. 958, § 64-1009.

Nearby Sections

15
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