Subdivision 1. Effect on cause of action.
An amendment does not affect an existing cause of action in favor of or against the corporation, a pending suit to which the corporation is a party, nor the existing rights of persons other than members.
Subd. 2. Effect of change of name.
If the corporate name is changed by the amendment, a suit brought by or against the corporation under its former name does not abate for that reason.
Subd. 3. Effect of amendments restating articles.
When effective under section 317A.151 , an amendment restating the articles in their entirety supersedes the original articles and amendments to the original articles.
Subd. 4. Effect of amendments on charitable trust assets.
Assets held by a corporation, including income or fees from services, are restricted to the uses and purposes for which the property was received and held.