Texas § 22.364 FAILURE TO REVIVE; TERMINATION OR REVOCATION.

Texas Statutes

§ 22.364 — FAILURE TO REVIVE; TERMINATION OR REVOCATION.

Texas § 22.364

Code BOBusiness Organizations Code

This text of Texas § 22.364 (FAILURE TO REVIVE; TERMINATION OR REVOCATION.) 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. § 22.364 (2026).

Text

Sec. 22.364. FAILURE TO REVIVE; TERMINATION OR REVOCATION.

(a)The failure of a corporation that has forfeited its right to conduct affairs in this state to revive that right under Section 22.363 is grounds for:

(1)the involuntary termination of the domestic corporation; or

(2)the revocation of the foreign corporation's registration to transact business in this state.

(b)The termination or revocation takes effect, without judicial action, when the secretary of state enters on the record of the corporation filed in the office of the secretary of state the word "forfeited" and the date of forfeiture and cites this chapter as authority for that forfeiture.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 22.364. FAILURE TO REVIVE; TERMINATION OR REVOCATION. (a) The failure of a corporation that has forfeited its right to conduct affairs in this state to revive that right under Section 22.363 is grounds for:
(1) the involuntary termination of the domestic corporation; or
(2) the revocation of the foreign corporation's registration to transact business in this state.
(b) The termination or revocation takes effect, without judicial action, when the secretary of state enters on the record of the corporation filed in the office of the secretary of state the word "forfeited" and the date of forfeiture and cites this chapter as authority for that forfeiture.