55-10-09. Effect of amendment.
An amendment to 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. (1955, c. 1371, s. 1; 1989, c. 265, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 55 - North Carolina Business Corporation Act
Article 10 - Amendment of Articles of Incorporation and Bylaws.
§ 55-10-01 - Authority to amend.
§ 55-10-02 - Amendment by board of directors.
§ 55-10-03 - Amendment by board of directors and shareholders.
§ 55-10-04 - Voting on amendments by voting groups.
§ 55-10-05 - Amendment before issuance of shares.
§ 55-10-06 - Articles of amendment.
§ 55-10-07 - Restated articles of incorporation.
§ 55-10-09 - Effect of amendment.
§ 55-10-20 - Amendment by board of directors or shareholders.