Sec. 12.260. ABATEMENT OF SUIT. An action or cause of action for a fine, penalty, or forfeiture that this state has or may have against a filing entity or foreign filing entity does not abate because the entity winds up, voluntarily or otherwise, or the entity's certificate of formation is terminated or the entity's registration is revoked.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 688 (H.B. 1737), Sec. 70, eff. September 1, 2007.
Structure Texas Statutes
Chapter 12 - Administrative Powers
Subchapter D. Enforcement Proceedings
Section 12.253. Action Against Insolvent Entity
Section 12.254. Suits by District or County Attorney
Section 12.255. Permission to Sue
Section 12.256. Examination and Notice
Section 12.257. Dismissal of Action
Section 12.258. Liquidation of Insolvent Entity
Section 12.259. Extraordinary Remedies; Bond