Texas § 11.153 COURT REVOCATION OF FRAUDULENT TERMINATION.

Texas Statutes

§ 11.153 — COURT REVOCATION OF FRAUDULENT TERMINATION.

Texas § 11.153

Code BOBusiness Organizations Code

This text of Texas § 11.153 (COURT REVOCATION OF FRAUDULENT TERMINATION.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Business Organizations Code Code Ann. § 11.153 (2026).

Text

Sec. 11.153. COURT REVOCATION OF FRAUDULENT TERMINATION.

(a)Notwithstanding any provision of this code to the contrary, a court may order the revocation of termination of an entity's existence that was terminated as a result of actual or constructive fraud. In an action under this section, any limitation period provided by law is tolled in accordance with the discovery rule. The secretary of state shall take any action necessary to implement an order under this section.

(b)If the termination of an entity's existence is revoked under Subsection (a):

(1)the revocation relates back to the effective date of the termination and takes effect as of that date; and

(2)the entity's status as an entity continues in effect as if the termination of the entity's existence had never occurred. SUBCHAP

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Sec. 11.153. COURT REVOCATION OF FRAUDULENT TERMINATION. (a) Notwithstanding any provision of this code to the contrary, a court may order the revocation of termination of an entity's existence that was terminated as a result of actual or constructive fraud. In an action under this section, any limitation period provided by law is tolled in accordance with the discovery rule. The secretary of state shall take any action necessary to implement an order under this section.
(b) If the termination of an entity's existence is revoked under Subsection (a):
(1) the revocation relates back to the effective date of the termination and takes effect as of that date; and
(2) the entity's status as an entity continues in effect as if the termination of the entity's existence had never occurred.
SUBCHAPTER E. REINSTATEMENT OF TERMINATED ENTITY

Legislative History

Added by Acts 2005, 79th Leg., Ch. 64 (H.B. 1319 ), Sec. 40, eff. January 1, 2006. Amended by: Acts 2021, 87th Leg., R.S., Ch. 39 (S.B. 1203 ), Sec. 18, eff. September 1, 2021.