Texas Business Organizations Code - Section 11.253. Reinstatement By Secretary Of State After Involuntary Termination
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§ 11.253. REINSTATEMENT BY SECRETARY OF STATE AFTER
INVOLUNTARY TERMINATION. (a) The secretary of state shall
reinstate a filing entity that has been involuntarily terminated
under this subchapter if the entity files a certificate of
reinstatement in accordance with Chapter 4 and:
(1) the entity has corrected the circumstances that
led to the involuntary termination and any other circumstances that
may exist of the types described by Section 11.251(b), including
the payment of fees, interest, or penalties; or
(2) the secretary of state finds that the
circumstances that led to the involuntary termination did not exist
at the time of termination.
(b) A certificate of reinstatement filed under Subsection
(a) must contain:
(1) the name of the filing entity;
(2) the filing number assigned by the filing officer
to the entity;
(3) the effective date of the involuntary termination;
(4) a statement that the circumstances giving rise to
the involuntary termination have been corrected; and
(5) the name of the entity's registered agent and the
address of the entity's registered office.
(c) A certificate of reinstatement must be accompanied by
each amendment to the entity's certificate of formation that is
required by intervening events, including circumstances requiring
an amendment to the filing entity's name as described in Section
11.203.
(d) If a filing entity is reinstated before the third
anniversary of the date of its involuntary termination, the entity
is considered to have continued in existence without interruption
from the date of termination. The reinstatement shall have no
effect on any issue of personal liability of the governing persons,
officers, or agents of the filing entity during the period between
termination and reinstatement.
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Section: 11.202 11.203 11.204 11.205 11.206 11.251 11.252 11.253 11.254 11.301 11.302 11.303 11.304 11.305 11.306
Last modified: August 11, 2007
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