153.108 – REQUIREMENTS FOR LIABILITY PROTECTION FOLLOWING
Texas Business Organizations Code § 153.108
Summary
This law outlines the conditions under which individuals can maintain liability protection after failing to file a required certificate within a specified timeframe. It primarily affects those who have not filed the necessary documentation within 180 days, requiring them to take specific actions to regain liability protection.
No liability protection if certificate not filed within 180 days.
Must comply with specific requirements to regain protection.
Action required within 10 days after expiration of the filing period.
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In simple terms: Learn about Texas's REQUIREMENTS FOR LIABILITY PROTECTION FOLLOWING 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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