Texas Business Organizations Code § 11.153 Court Revocation Of Fraudulent Termination

Sec. 11.153. COURT REVOCATION OF FRAUDULENT TERMINATION. Notwithstanding any provision of this code to the contrary, a court may order the revocation of termination of an entity's existence that was terminated as a result of actual or constructive fraud. In an action under this section, any limitation period provided by law is tolled in accordance with the discovery rule. The secretary of state shall take any action necessary to implement an order under this section.

Added by Acts 2005, 79th Leg., Ch. 64 (H.B. 1319), Sec. 40, eff. January 1, 2006.


Section: Previous  11.101  11.102  11.103  11.104  11.105  11.151  11.152  11.153  11.201  11.202  11.203  11.204  11.205  11.206  11.251  Next

Last modified: September 28, 2016