§414D-323 Saving provisions. (a) Except as provided in subsection (b), the repeal of a statute by this chapter does not affect:
(b) If a penalty or punishment imposed for violation of a statute repealed by this chapter is reduced by this chapter, the penalty or punishment if not already imposed shall be imposed in accordance with this chapter.
(c) Nothing in this chapter shall affect the validity of any action taken by any corporation, or shall impair or affect the validity of any provision of the articles of incorporation or bylaws adopted by any corporation, prior to July 1, 2002. [L 2001, c 105, pt of §1; am L 2002, c 130, §72]