11.151 – REVOCATION OF VOLUNTARY WINDING UP. (a) Before
Texas Business Organizations Code § 11.151
Summary
This law allows a domestic entity in Texas to reverse its decision to voluntarily wind up operations before the termination is finalized. The revocation must be approved according to the specified procedures for that entity type, enabling the business to continue its activities.
Entities can revoke winding up before termination takes effect.
Revocation requires approval as per entity governance rules.
Allows continuation of business operations post-revocation.
Frequently Asked Questions
Why Attorneys Choose FlawFinder
Side-by-side with Westlaw and LexisNexis
Feature
FlawFinder
Westlaw
LexisNexis
Monthly price
$19 - $99
$133 - $646
$153 - $399
Contract
None
1-3 year min
1-6 year min
Hidden fees
$0, always
Up to $469/search
$25/mo + per-doc
Police SOPs
✓ 310+ departments
✗
✗
Zero-hallucination AI
✓ CitationGuard
✗
✗
Cancel
One click
Termination fees
No option to cancel
Explain Like I'm 5
In simple terms: Learn about Texas's REVOCATION OF VOLUNTARY WINDING UP. (a) Before law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
FlawFinder provides legal information, not legal advice. Consult a licensed attorney for specific legal guidance.