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Texas Tax Code

§ 171.253 — SUIT ON CAUSE OF ACTION ARISING BEFORE FORFEITURE

TX § 171.253Title 2. STATE TAXATION · Part F. FRANCHISE TAX; CREDITS · Ch. 171. FRANCHISE TAX · Art. F. FORFEITURE OF CORPORATE AND BUSINESS PRIVILEGES

Statute text

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In a suit against a corporation on a cause of action arising before the forfeiture of the corporate privileges of the corporation, affirmative relief may not be granted to the corporation unless its corporate privileges are revived under this chapter.

Legislative history

Acts 1981, 67th Leg., p. 1704, ch. 389, Sec. 1, eff. Jan. 1, 1982.