Sec. 501.307. SUITS OR RIGHTS NOT AFFECTED  


Latest version.
  • (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.