2009 Texas Tax Code 171.252 – Effects of Forfeiture
Current as of: 2009 | Check for updates
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If the corporate privileges of a corporation are forfeited under this subchapter:
(1) the corporation shall be denied the right to sue or defend in a court of this state; and
(2) each director or officer of the corporation is liable for a debt of the corporation as provided by Section 171.255 of this code.