Sec. 153.310. REVIVAL OF RIGHT TO TRANSACT BUSINESS. (a) A limited partnership that forfeits the right to transact business in this state as provided by Section 153.309 may be relieved from the forfeiture by filing the required report not later than the 120th day after the date of mailing of the notice of forfeiture under Section 153.308, accompanied by the filing fees as provided by Chapter 4.
(b) If a limited partnership complies with Subsection (a), the secretary of state shall:
(1) revive the right of the limited partnership to transact business in this state;
(2) cancel the note regarding the forfeiture; and
(3) note the revival and the date of revival on the record kept in the secretary's office relating to the limited partnership.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Structure Texas Statutes
Chapter 153 - Limited Partnerships
Section 153.301. Periodic Report
Section 153.302. Form and Contents of Report
Section 153.304. Delivery of Report
Section 153.305. Action by Secretary of State
Section 153.306. Effect of Filing Report
Section 153.307. Effect of Failure to File Report
Section 153.308. Notice of Forfeiture of Right to Transact Business
Section 153.309. Effect of Forfeiture of Right to Transact Business
Section 153.310. Revival of Right to Transact Business
Section 153.311. Termination of Certificate or Revocation of Registration After Forfeiture
Section 153.312. Reinstatement of Certificate of Formation or Registration