Tex. Tax Code § 171.252

This is the official text of Tex. Tax Code § 171.252, part of Texas’s Tax Code — governs state and local taxation.

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§ 171.252. EFFECTS OF FORFEITURE.

Official statutory text

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.

Status: in_force · Read it on the official government site

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