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Texas Business Organizations Code

§ 9.151 — REVOCATION OF REGISTRATION BY COURT ACTION

BO § 9.151Title 1. GENERAL PROVISIONS · Ch. 9. FOREIGN ENTITIES · Art. D. JUDICIAL REVOCATION OF REGISTRATION

Statute text

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(a)A court may revoke the registration of a foreign filing entity if, as a result of an action brought under Section 9.153, the court finds that one or more of the following problems exist:
(1)the entity did not comply with a condition precedent to the issuance of the entity's registration or an amendment to the registration;
(2)the entity's registration or any amendment to the entity's registration was fraudulently filed;
(3)a misrepresentation of a material matter was made in an application, report, affidavit, or other document the entity submitted under this code;
(4)the entity has continued to transact business beyond the scope of the purpose or purposes expressed in the entity's registration; or
(5)public interest requires revocation because:

Legislative history

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

Source: Texas Business Organizations Code § 9.151 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.