Texas Transportation Code

§ 431.185 — EFFECT OF ISSUANCE OF CERTIFICATE OF DISSOLUTION

TN § 431.185Title 6. ROADWAYS · Part I. TRANSPORTATION CORPORATIONS · Ch. 431. TEXAS TRANSPORTATION CORPORATION ACT · Art. F. ALTERATION OR DISSOLUTION OF CORPORATION

Statute text

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The corporate existence ends on the issuance of the certificate of dissolution except for:

(1)the purpose of any ongoing suit or other proceeding; and

(2)corporate action by a director or officer under this chapter.

Legislative history

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.