Condiciones para la Reinstalación de Entidades Terminadas

Sec. 11.201. CONDITIONS FOR REINSTATEMENT. (a) A terminated entity may be reinstated under this subchapter if: (1) the termination was by mistake or inadvertent; (2) the termination occurred without the approval of the entity's governing persons when their approval is required by the title of this code governing the terminated entity; (3) the process of winding up before termination had not been completed by the entity; or (4) the legal existence of the entity is necessary to: (A) convey or assign property; (B) settle or release a claim or liability; (C) take an action; or (D) sign an instrument or agreement. (b) A terminated entity may not be reinstated under this section if the termination occurred as a result of: (1) an order of a court or the secretary of state; (2) an event requiring winding up that is specified in the title of this code governing the terminated entity, if that title prohibits reinstatement; or (3) forfeiture under the Tax Code. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006. Statute text rendered on: 9/1/2023 - 227 - BUSINESS ORGANIZATIONS CODE