Indiana Statutes

§ 28-13-14-18 — Effect of amendment on existing rights, causes of action, and proceedings

Indiana·Art. 13 CORPORATE GOVERNANCE·Ch. 14 Amendment of Articles of Incorporation
(a)An amendment to articles of incorporation does not affect the following:
(1)A cause of action existing against or in favor of the corporation.
(2)A proceeding to which the corporation is a party.
(3)The preexisting rights of persons other than shareholders of the corporation.
(b)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

As added by P.L.14-1992, SEC.163.

Nearby Sections

15
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