Texas Statutes (Last Updated: January 4, 2014) |
LOCAL GOVERNMENT CODE |
Title 12. PLANNING AND DEVELOPMENT |
Subtitle C1. ADDITIONAL PLANNING AND DEVELOPMENT PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT |
Chapter 501. PROVISIONS GOVERNING DEVELOPMENT CORPORATIONS |
Subchapter G. AMENDMENT OR RESTATEMENT OF CERTIFICATE OF FORMATION |
Sec. 501.307. SUITS OR RIGHTS NOT AFFECTED
Latest version.
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(a) An amendment to a corporation's certificate of formation does not affect:
(1) any existing cause of action in favor of or against the corporation;
(2) any pending suit to which the corporation is a party; or
(3) the existing rights of any person.
(b) If a corporation's name is changed by amendment to the certificate of formation, a suit brought by or against the corporation under its former name does not abate for that reason.
Added by Acts 2007, 80th Leg., R.S., Ch. 885 , Sec. 3.01, eff. April 1, 2009.