Sec. 22.363. REVIVAL OF RIGHT TO CONDUCT AFFAIRS. (a) A corporation may be relieved from a forfeiture under Section 22.360 by filing the required report, accompanied by the revival fee, not later than the 120th day after the date of mailing of the notice of forfeiture under Section 22.361.
(b) If a corporation complies with Subsection (a), the secretary of state shall:
(1) revive the right of the corporation to conduct affairs in this state;
(2) cancel the words regarding the forfeiture on the record of the corporation; and
(3) endorse on that record the word "revived" and the date of revival.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Structure Texas Statutes
Chapter 22 - Nonprofit Corporations
Subchapter H. Records and Reports
Section 22.351. Member's Right to Inspect Books and Records
Section 22.352. Financial Records and Annual Reports
Section 22.353. Availability of Financial Information for Public Inspection
Section 22.354. Failure to Maintain Financial Record or Prepare Annual Report; Offense
Section 22.356. Corporations Assisting State Agencies
Section 22.357. Report of Domestic and Foreign Corporations
Section 22.358. Notice Regarding Report
Section 22.359. Filing of Report
Section 22.360. Failure to File Report
Section 22.361. Notice of Forfeiture
Section 22.362. Effect of Forfeiture
Section 22.363. Revival of Right to Conduct Affairs
Section 22.364. Failure to Revive; Termination or Revocation