{"data":{"id":"us-tx/tex.-local-government-code-303.106","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 303.106","heading":"RIGHTS, CLAIMS, AND LIABILITIES BEFORE DISSOLUTION.","body":"(a) The dissolution of a corporation by the expiration of its duration or by the issuance of a certificate of dissolution does not impair a remedy available to or against the corporation or a director or officer of the corporation for a right or claim existing or a liability incurred before the dissolution, if action or other proceeding on the remedy is begun before the third anniversary of the date of the dissolution.\n(b) The action may be prosecuted or defended by the corporation in its corporate name.\n(c) The directors and officers may take corporate or other action as appropriate to protect the remedy, right, or claim.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 11, eff. Sept. 1, 1999.","path":["LOCAL GOVERNMENT CODE","TITLE 9. PUBLIC BUILDINGS AND GROUNDS","SUBTITLE C. PUBLIC BUILDING PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT","CHAPTER 303. PUBLIC FACILITY CORPORATIONS","SUBCHAPTER D. DISSOLUTION OF CORPORATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.303.htm#303.106","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"1ecc7c6caade815de5d3a2ace7bdf20e23cb5e6de04f0d124c2e28fc75f6f00a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-303.105","next":"us-tx/tex.-local-government-code-303.121"},"notice":"GroundRules: Original legal text. Not legal advice."}