1. Upon the issuance of the certificate by the secretary of state, the amendment shall become effective and the articles shall be deemed to be amended accordingly.

2. No amendment shall affect any existing cause of action in favor or against the insurance company or any pending suit in which the insurance company is a party, or the existing rights of persons other than the shareholders, members or other group of persons voting thereon or entitled to vote thereon; and, in the event the insurance company name is changed by amendment, no suit brought by or against the company under its former name shall be abated for that reason.

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Missouri Laws 375.216

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020