{"data":{"id":"us-tx/tex.-tax-code-171.252","jurisdiction":"us-tx","citation":"Tex. Tax Code § 171.252","heading":"EFFECTS OF FORFEITURE.","body":"If the corporate privileges of a corporation are forfeited under this subchapter:\n(1) the corporation shall be denied the right to sue or defend in a court of this state; and\n(2) each director or officer of the corporation is liable for a debt of the corporation as provided by Section 171.255 of this code.\nActs 1981, 67th Leg., p. 1704, ch. 389, Sec. 1, eff. Jan. 1, 1982.","path":["TAX CODE","TITLE 2. STATE TAXATION","SUBTITLE F. FRANCHISE TAX; CREDITS","CHAPTER 171. FRANCHISE TAX","SUBCHAPTER F. FORFEITURE OF CORPORATE AND BUSINESS PRIVILEGES"],"source_url":"https://statutes.capitol.texas.gov/Docs/TX/htm/TX.171.htm#171.252","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"8c47f34428ed73a77deb735626e2a0ea2cf313c1a42011557172afa228e7c389","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-tax-code-171.2515","next":"us-tx/tex.-tax-code-171.253"},"notice":"GroundRules: Original legal text. Not legal advice."}