22. No alteration of its corporate name under section 19 or 21 shall affect the rights or obligations of the company; and all proceedings may be commenced or continued by or against the company under its new corporate name that might have been commenced or continued by or against the company under its former corporate name.
R. S. 1964, c. 271, s. 22; 1968, c. 72, s. 3; 1979, c. 31, s. 7.