Sec. 171.306. SUIT TO SET ASIDE JUDICIAL FORFEITURE. If a corporation's charter or certificate of authority is judicially forfeited under this chapter, a stockholder, director, or officer of the corporation at the time of the forfeiture of the charter or certificate or of the corporate privileges of the corporation may bring suit in a district court of Travis County in the name of the corporation to set aside the forfeiture of the charter or certificate. The suit must be in the nature of a bill of review. The secretary of state and attorney general must be made defendants in the suit.
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