Texas Tax Code

§ 171.254 — EXCEPTION TO FORFEITURE

TX § 171.254Title 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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The forfeiture of the corporate privileges of a corporation does not apply to the privilege to defend in a suit to forfeit the corporation's charter or certificate of authority.

Legislative history

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