DecisionDepot
California legal research

Texas Business Organizations Code

§ 9.052 — CIVIL PENALTY

BO § 9.052Title 1. GENERAL PROVISIONS · Ch. 9. FOREIGN ENTITIES · Art. B. FAILURE TO REGISTER

Statute text

View on source
(a)A foreign filing entity that transacts business in this state and is not registered under this chapter is liable to this state for a civil penalty in an amount equal to all:
(1)fees and taxes that would have been imposed by law on the entity had the entity registered when first required and filed all reports required by law; and
(2)penalties and interest imposed by law for failure to pay those fees and taxes.
(b)The attorney general may bring suit to recover amounts due to this state under this section.

Legislative history

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

Source: Texas Business Organizations Code § 9.052 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.