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The Vermont Statutes Online

 

Title 11B : Nonprofit Corporations

Chapter 010 : AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS

Subchapter 001 : ARTICLES OF INCORPORATION

(Cite as: 11B V.S.A. § 10.08)
  • § 10.08. Effect of amendment and restatement

    An amendment to articles of incorporation does not affect a cause of action existing against or in favor of the corporation, a proceeding to which the corporation is a party, any requirement or limitation imposed upon the corporation or any property held by it by virtue of any trust upon which such property is held by the corporation, 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. (Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)