Petition for Writ of Mandamus - Filed - Supreme Court of Texas

TAX CODE CHAPTER 171. FRANCHISE TAX
http://www.statutes.legis.state.tx.us/Docs/TX/htm/TX.171.htm
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6/25/2012
this state.
Added by Acts 2006, 79th Leg., 3rd C.S., Ch. 1, Sec. 9, eff. January
1, 2008.
Sec. 171.252. EFFECTS OF FORFEITURE. 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.
Acts 1981, 67th Leg., p. 1704, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Sec. 171.253. SUIT ON CAUSE OF ACTION ARISING BEFORE
FORFEITURE. In a suit against a corporation on a cause of action
arising before the forfeiture of the corporate privileges of the
corporation, affirmative relief may not be granted to the corporation
unless its corporate privileges are revived under this chapter.
Acts 1981, 67th Leg., p. 1704, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Sec. 171.254. EXCEPTION TO FORFEITURE. The forfeiture of the
corporate privileges of a corporation does not apply to the privilege
to defend in a suit to forfeit the corporation's charter or
certificate of authority.
Acts 1981, 67th Leg., p. 1704, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Sec. 171.255. LIABILITY OF DIRECTOR AND OFFICERS. (a) If the
corporate privileges of a corporation are forfeited for the failure to
file a report or pay a tax or penalty, each director or officer of the
corporation is liable for each debt of the corporation that is created
or incurred in this state after the date on which the report, tax, or
penalty is due and before the corporate privileges are revived. The
liability includes liability for any tax or penalty imposed by this
chapter on the corporation that becomes due and payable after the date
of the forfeiture.