If an organization changes it's name, is the contract I signed still valid?
Full Question:
Answer:
The answer depends on the circumstances surrounding the name change. Often an organization makes a name change by amending the articles of incorporation or articles of organization, which is the document filed with the Secretary of State when the organization is originally created, setting forth its name and other basic information. An unincorporated business may also amend its name only by filing a name change with the Secretary of State or city or county offices. When only a change of name of the organization has taken place, the legal entity of the organization remains the same. Therefore, all contracts entered into with the organization prior to the change of name process typically remain in full force and effect and will not require amendment or substitution.
If the organization no longer exists as a legal entity by being taken over by another company, the answer will depends on the terms of the sale and whether the contracts of the former company have been assigned to the new companny.