Maine Statutes

§ 13-C §1009 — Effect of amendment

Maine·Title 13-C MAINE BUSINESS CORPORATION ACT·Ch. 10 AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS
An amendment to a corporation's 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

PL 2001, c. 640, §A2 (NEW). PL 2001, c. 640, §B7 (AFF).

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