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Texas Business Organizations Code

§ 22.354 — FAILURE TO MAINTAIN FINANCIAL RECORD OR PREPARE ANNUAL REPORT; OFFENSE

BO § 22.354Title 2. CORPORATIONS · Ch. 22. NONPROFIT CORPORATIONS · Art. H. RECORDS AND REPORTS

Statute text

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(a)A corporation commits an offense if the corporation fails to maintain a financial record, prepare an annual report, or make the record or report available to the public in the manner required by Section 22.353.
(b)An offense under this section is a Class B misdemeanor.

Legislative history

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Source: Texas Business Organizations Code § 22.354 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.