101.620 – CONTINUATION OF BUSINESS. The protected series
Texas Business Organizations Code § 101.620
Summary
This law allows a protected or registered series to continue its business operations even after its revocation or cancellation. It is relevant for entities that have faced administrative actions but wish to maintain their business activities.
Allows continuation of business after revocation or cancellation.
Applies to protected and registered series entities.
Ensures business operations can persist despite administrative issues.
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In simple terms: Learn about Texas's CONTINUATION OF BUSINESS. The protected series law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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