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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A corporation may be relieved from a forfeiture under Section 22.360 by filing the required report, accompanied by the revival fee, not later than the 120th day after the date of mailing of the notice of forfeiture under Section 22.361.
(b) If a corporation complies with Subsection (a), the secretary of state shall:
(1) revive the right of the corporation to conduct affairs in this state;
(2) cancel the words regarding the forfeiture on the record of the corporation; and
(3) endorse on that record the word “revived” and the date of revival.
Cite this article: FindLaw.com - Texas Business Organizations Code - BUS ORG § 22.363. Revival of Right to Conduct Affairs - last updated January 01, 2024 | https://codes.findlaw.com/tx/business-organizations-code/bus-org-sect-22-363/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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