Every corporation organized before or after the effective date of this act shall be governed by its provisions. This subtitle shall not impair, restrict or affect the rights, privileges and immunities conferred or vested under any law prior to the enactment hereof; or pending litigation and existing causes of action; nor the duties, restrictions, obligations, and penalties imposed or required by prior laws or in accordance therewith.
History —Dec. 16, 2009, No. 164, § 22.01.