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North Dakota Code 10-32-19 - Effect of amendment

North Dakota Code > Title 10 > Chapter 10-32 > § 10-32-19 - Effect of amendment


Current as of: 2009

       1.    An amendment does not affect an existing cause of action in favor of or against the limited liability company, nor a pending suit to which the limited liability company is a party, nor the existing rights of persons other than members.

       2.    If the limited liability company name is changed by the amendment, a suit brought by or against the limited liability company under its former name does not abate for that reason.

       3.    When effective under section 10-32-21, an amendment restating the articles in their entirety supersedes the original articles and all amendments to the original articles.

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