(a) An amendment is effective upon the issuance of a certificate of amendment by the commissioner, or on a later date, not more than 30 days after the filing of the certificate with the commissioner, as provided in the articles of amendment.
(b) An amendment may not affect an existing cause of action in favor of or against the corporation, or a pending suit to which the corporation is a party, or the existing rights of persons other than shareholders. If the corporate name is changed by amendment, a suit brought by or against the corporation under its former name does not abate.
Structure Alaska Statutes
Title 10. Corporations and Associations
Chapter 06. Alaska Corporations Code
Article 7. Amendments and Changes.
Sec. 10.06.502. Permitted and prohibited amendments.
Sec. 10.06.504. Procedure to amend articles of incorporation; application to certain elections.
Sec. 10.06.506. Class voting on amendments.
Sec. 10.06.508. Greater voting requirements.
Sec. 10.06.510. Execution and content of articles of amendment.
Sec. 10.06.512. Filing of articles of amendment.
Sec. 10.06.514. Effective date and effect of amendment.
Sec. 10.06.516. Restated articles of incorporation.
Sec. 10.06.518. Filing of restated articles of incorporation.
Sec. 10.06.520. Effect of issuance of restated certificate of incorporation.
Sec. 10.06.522. Amendment of articles of incorporation in reorganization proceedings.
Sec. 10.06.524. Filing of amendment of articles in reorganization proceedings.
Sec. 10.06.526. Effective date and effect of amendment of articles in reorganization proceedings.