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Texas Business Organizations Code - BUS ORG § 11.302. Notification of Cause by Secretary of State

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) The secretary of state shall provide to the attorney general:

(1) the name of a filing entity that has given cause under Section 11.301 for involuntary winding up of the entity's business and termination of the entity's existence;  and

(2) the facts relating to the cause for the winding up and termination.

(b) When notice is provided under Subsection (a), the secretary of state shall notify the filing entity of the circumstances by writing sent to the entity at its registered office in this state.  The notice must state that the secretary of state has given notice under Subsection (a) and the grounds for the notification.  The secretary of state must record the date a notice required by this subsection is sent.

(c) A court shall accept a certificate issued by the secretary of state as to the facts relating to the cause for the winding up and termination and the sending of a notice under Subsection (b) as prima facie evidence of the facts stated in the certificate and the sending of the notice.

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Cite this article: FindLaw.com - Texas Business Organizations Code - BUS ORG § 11.302. Notification of Cause by Secretary of State - last updated January 01, 2024 | https://codes.findlaw.com/tx/business-organizations-code/bus-org-sect-11-302/

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