TITLE 46
PUBLIC UTILITIES AND PUBLIC TRANSPORTATION
ARTICLE 4
ELECTRIC MEMBERSHIP CORPORATIONS AND FOREIGN ELECTRIC COOPERATIVES
46-3-364. Time of effectiveness of amendment; effect of amendment on pending causes of action.
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If the Secretary of State issues a certificate of amendment, the amendment shall become effective as of the time of delivery to the Secretary of State of the articles of amendment so certified; and the articles of incorporation shall be deemed to be amended accordingly.
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No amendment shall affect any existing cause of action in favor of or against such electric membership corporation, or any pending action to which such electric membership corporation is a party, or the existing rights of persons other than members; and, in the event the corporate name is changed by amendment, no action brought by or against such electric membership corporation under its former name shall abate for that reason.
(Code 1933, § 34C-905, enacted by Ga. L. 1981, p. 1587, § 1.)