Sec. 171.305. REVIVAL OF CHARTER OR CERTIFICATE OF AUTHORITY AFTER JUDICIAL FORFEITURE. A corporation whose charter or certificate of authority is judicially forfeited under this chapter is entitled to have its charter or certificate revived and to have its corporate privileges revived if:
(1) the corporation files each report that is required by this chapter and that is delinquent;
(2) the corporation pays the tax, penalty, and interest that is imposed by this chapter and that is due at the time the suit under Section 171.306 of this code to set aside forfeiture is filed; and
(3) the forfeiture of the corporation's charter or certificate is set aside in a suit under Section 171.306 of this code.
Acts 1981, 67th Leg., p. 1706, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Structure Texas Statutes
Subchapter G. Forfeiture of Charter or Certificate of Authority
Section 171.301. Grounds for Forfeiture of Charter or Certificate of Authority
Section 171.3015. Forfeiture of Certificate or Registration of Taxable Entity
Section 171.302. Certification by Comptroller
Section 171.303. Suit for Judicial Forfeiture
Section 171.304. Record of Judicial Forfeiture
Section 171.305. Revival of Charter or Certificate of Authority After Judicial Forfeiture
Section 171.306. Suit to Set Aside Judicial Forfeiture
Section 171.307. Record of Suit to Set Aside Judicial Forfeiture
Section 171.308. Corporate Privileges After Judicial Forfeiture Is Set Aside
Section 171.309. Forfeiture by Secretary of State
Section 171.310. Judicial Proceeding Not Required for Forfeiture by Secretary of State
Section 171.311. Record of Forfeiture by Secretary of State
Section 171.313. Proceeding to Set Aside Forfeiture by Secretary of State
Section 171.314. Corporate Privileges After Forfeiture by Secretary of State Is Set Aside
Section 171.315. Use of Corporate Name After Revival of Charter or Certificate of Authority