An amendment to the 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, any requirement or limitation imposed upon the corporation or any property held by it by virtue of any trust upon which such property is held by the corporation, or the existing rights of persons other than members 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.
History. Code 1981, § 14-3-1008 , enacted by Ga. L. 1991, p. 465, § 1.
Structure Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 3 - Nonprofit Corporations
Article 10 - Amendment of Articles of Incorporation and Bylaws
Part 1 - Amendment of Articles of Incorporation
§ 14-3-1001. Authority of Corporation to Amend
§ 14-3-1002. Amendment Where Corporation Has No Members or Members Not Entitled to Vote
§ 14-3-1003. Amendment Where Vote of Members Required
§ 14-3-1004. Voting on Amendments by Classes of Members
§ 14-3-1005. Articles of Amendment
§ 14-3-1005.1. Notice of Intent to Change Corporate Name
§ 14-3-1006. Restated Articles of Incorporation
§ 14-3-1007. Amendment of Articles Pursuant to Court Order
§ 14-3-1008. Effect of Amendment on Existing Cause of Action