Texas Tax Code

§ 171.308 — CORPORATE PRIVILEGES AFTER JUDICIAL FORFEITURE IS SET ASIDE

TX § 171.308Title 2. STATE TAXATION · Part F. FRANCHISE TAX; CREDITS · Ch. 171. FRANCHISE TAX · Art. G. FORFEITURE OF CHARTER OR CERTIFICATE OF AUTHORITY

Statute text

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If a court under this chapter sets aside the forfeiture of a corporation's charter or certificate of authority, the comptroller shall revive the corporate privileges of the corporation and shall inscribe on the corporation's record in the comptroller's office a note of the revival.

Legislative history

Acts 1981, 67th Leg., p. 1706, ch. 389, Sec. 1, eff. Jan. 1, 1982.