Sec. 171.257. JUDICIAL PROCEEDING NOT REQUIRED FOR FORFEITURE. The forfeiture of the corporate privileges of a corporation is effected by the comptroller without a judicial proceeding.
Acts 1981, 67th Leg., p. 1705, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Structure Texas Statutes
Subchapter F. Forfeiture of Corporate and Business Privileges
Section 171.251. Forfeiture of Corporate Privileges
Section 171.2515. Forfeiture of Right of Taxable Entity to Transact Business in This State
Section 171.252. Effects of Forfeiture
Section 171.253. Suit on Cause of Action Arising Before Forfeiture
Section 171.254. Exception to Forfeiture
Section 171.255. Liability of Director and Officers
Section 171.256. Notice of Forfeiture
Section 171.257. Judicial Proceeding Not Required for Forfeiture
Section 171.258. Revival of Corporate Privileges
Section 171.259. Banking Corporations and Savings and Loan Associations