Texas Business & Commerce Code - Section 36.12. Material Change In Information; New Certificate
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§ 36.12. MATERIAL CHANGE IN INFORMATION; NEW
CERTIFICATE. (a) Whenever an event occurs that causes the
information in a certificate filed pursuant to this chapter by a
person conducting business or rendering a professional service
under an assumed name in this state to become materially
misleading, a new certificate complying with Section 36.10 or
Section 36.11 of this chapter, as the case may be, shall be filed in
the office of the county clerk and of the Secretary of State, if
applicable, in which an original or renewal certificate was filed.
The new certificate shall be filed within 60 days after the
occurrence of the events which necessitates its filing.
(b) An event that causes the information contained in a
certificate filed under this chapter to become materially
misleading includes such matters as:
(1) a change in the name, identity, entity, form of
business or professional organization, or location of a registrant;
(2) in the case of a proprietorship or sole
practitioner, a change in ownership;
(3) in the case of a partnership, the admission of a
new partner or joint venturer or whenever any general partner or
joint venturer ceases to be associated with the partnership; or
(4) in the case of a registrant that is required by law
to maintain a registered or similar office and a registered or
similar agent at such office, a change in the address of such office
or identity of such agent.
(c) A new certificate filed under this section shall be
effective for a term not to exceed 10 years from the date it is
filed.
Added by Acts 1977, 65th Leg., p. 1098, ch. 403, § 1, eff. Aug.
29, 1977.
Section: 35.124 35.125 36.01 36.02 36.03 36.10 36.11 36.12 36.13 36.14 36.15 36.16 36.17 36.18 36.25
Last modified: August 10, 2007
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