EFFECT OF AMENDMENT.

302A.141 EFFECT OF AMENDMENT. § Subdivision 1.Effect on cause of action. An amendment does not affect an existing cause of action in favor of or against the corporation, nor a pending suit to which the corporation is a party, nor the existing rights of persons other than shareholders. § 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 302A.153, an amendment restating the articles in their entirety supersedes the original articles and all amendments to the original articles. History: 1981 c 270 s 17; 1987 c 104 s 14