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Texas Tax Code - TAX § 171.252. Effects of Forfeiture

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

If the corporate privileges of a corporation are forfeited under this subchapter:

(1) the corporation shall be denied the right to sue or defend in a court of this state;  and

(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.

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Cite this article: FindLaw.com - Texas Tax Code - TAX § 171.252. Effects of Forfeiture - last updated January 01, 2024 | https://codes.findlaw.com/tx/tax-code/tax-sect-171-252/

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