Sec. 171.309. FORFEITURE BY SECRETARY OF STATE. The secretary of state may forfeit the charter, certificate, or registration of a taxable entity if:
(1) the secretary receives the comptroller's certification under Section 171.302; and
(2) the taxable entity does not revive its forfeited privileges within 120 days after the date that the privileges were forfeited.
Acts 1981, 67th Leg., p. 1707, ch. 389, Sec. 1, eff. Jan. 1, 1982. Amended by Acts 1984, 68th Leg., 2nd C.S., ch. 10, art. 3, Sec. 6, eff. Sept. 1, 1984.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 1282 (H.B. 3928), Sec. 32, eff. January 1, 2008.
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