Sec. 11.206. EFFECT OF REINSTATEMENT. (a) When the reinstatement of a terminated entity takes effect:
(1) the existence of the terminated entity is considered to have continued without interruption from the date of termination; and
(2) the terminated entity may carry on its business as if the termination of its existence had not occurred.
(b) The reinstatement of a terminated limited liability company automatically reinstates any protected series or registered series that terminated because of the termination of the company.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by:
Acts 2021, 87th Leg., R.S., Ch. 43 (S.B. 1523), Sec. 22, eff. June 1, 2022.
Structure Texas Statutes
Chapter 11 - Winding Up and Termination of Domestic Entity
Subchapter E. Reinstatement of Terminated Entity
Section 11.201. Conditions for Reinstatement
Section 11.202. Procedures for Reinstatement
Section 11.203. Use of Distinguishable Name Required
Section 11.203. Use of Name Similar to Previously Registered Name
Section 11.204. Effectiveness of Reinstatement of Nonfiling Entity
Section 11.205. Effectiveness of Reinstatement of Filing Entity