Sec. 18. (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.
As added by P.L.14-1992, SEC.163.
Structure Indiana Code
Title 28. Financial Institutions
Article 13. Corporate Governance
Chapter 14. Amendment of Articles of Incorporation
28-13-14-1. Authority to Amend; Restriction on Shareholder Vested Rights
28-13-14-2. Adoption Without Shareholder Approval
28-13-14-3. Proposal Authorized
28-13-14-4. Submission of Proposal to Shareholders; Recommendation; Approval Vote
28-13-14-5. Conditions of Submission to Shareholders
28-13-14-8. Voting by Class or a Series of Shares
28-13-14-8.5. Purchase Price of Stock
28-13-14-9. Adoption Before Issuance of Shares
28-13-14-10. Articles of Amendment; Contents
28-13-14-11. Articles of Amendment; Form
28-13-14-13. Change of Corporate Name; Record of Articles of Amendment
28-13-14-15. Articles of Restatement; Form
28-13-14-16. Adopted Restated Articles; Superseding Original Articles and Amendments
28-13-14-17. Restated Articles of Incorporation; Certification
28-13-14-18. Effect of Amendment on Existing Rights, Causes of Action, and Proceedings