Tex. Tax Code § 171.306

This is the official text of Tex. Tax Code § 171.306, part of Texas’s Tax Code — governs state and local taxation.

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§ 171.306. SUIT TO SET ASIDE JUDICIAL FORFEITURE.

Official statutory text

If a corporation's charter or certificate of authority is judicially forfeited under this chapter, a stockholder, director, or officer of the corporation at the time of the forfeiture of the charter or certificate or of the corporate privileges of the corporation may bring suit in a district court of Travis County in the name of the corporation to set aside the forfeiture of the charter or certificate. The suit must be in the nature of a bill of review. The secretary of state and attorney general must be made defendants in the suit.

Status: in_force · Read it on the official government site

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