GroundRules
Tex. Business Organizations Code § 11.311: ACTION ALLOWED AFTER EXPIRATION OF FILING ENTITY'S DURATION.
Where this section sits in the code
- BUSINESS ORGANIZATIONS CODE
- TITLE 1. GENERAL PROVISIONS
- CHAPTER 11. WINDING UP AND TERMINATION OF DOMESTIC ENTITY
- SUBCHAPTER G. JUDICIAL WINDING UP AND TERMINATION
The expiration of a filing entity's period of duration does not, by itself, create a vested right on the part of an owner or creditor of the filing entity to prevent an action by the attorney general for the involuntary winding up of the filing entity's business and termination of the filing entity's existence.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Collected 2026-08-27T01:46:58Z. Source file · JSON