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.
Va. Code Ann. § 13.1-891
Effect of amendment of articles of incorporation
Known as the Virginia Nonstock Corporation Act
The act spans §§ 13.1-801 to 13.1-946 (183 sections).
Code 1950, § 13.1-239; 1956, c. 428; 1985, c. 522; 2007, c. 925.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.