Tex. Bus. Orgs. Code § 11.153 · Subchapter D. REVOCATION AND CONTINUATION
COURT REVOCATION OF FRAUDULENT TERMINATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(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.
Notes and commentary — not statutory text
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.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BO/htm/BO.11.htm
- Text hash
- sha256 3cfdd245fad2dcf24a6cebea5f799cff451a3c03893f569fb613f856e6d7525e
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Bus. Orgs. Code § 11.153. Each shows the citation as that text prints it.
Business Organizations Code
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.