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.
Ark. Code Ann. § 4-27-1009
Effect of amendment
Known as the Arkansas Business Corporation Act
The act spans §§ 4–4 (323 sections).
Acts 1987, No. 958, § 64-1009.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.