{"data":{"id":"us-tx/tex.-business-organizations-code-11.311","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 11.311","heading":"ACTION ALLOWED AFTER EXPIRATION OF FILING ENTITY'S DURATION.","body":"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.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 1. GENERAL PROVISIONS","CHAPTER 11. WINDING UP AND TERMINATION OF DOMESTIC ENTITY","SUBCHAPTER G. JUDICIAL WINDING UP AND TERMINATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.11.htm#11.311","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"00c9baaba832195e9f59db10fc84b332df9e8ad7ff94e2bb5f4b40288ce4b251","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-11.310","next":"us-tx/tex.-business-organizations-code-11.312"},"notice":"GroundRules: Original legal text. Not legal advice."}
