Code of Virginia (Last Updated:July 28, 2020) |
TITLE 13.1. Corporations |
CHAPTER 10. Virginia Nonstock Corporation Act |
ARTICLE 10. Amendment of Articles of Incorporation and Bylaws |
SECTION 13.1-891. Effect of amendment of articles of incorporation |
An amendment to the articles of incorporation does not affect a cause of action existing in favor of or against the corporation, a proceeding to which the corporation is a party, 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. Code 1950, § 13.1-239; 1956, c. 428; 1985, c. 522; 2007, c. 925 . |