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Texas Statutes (Last Updated: January 4, 2014) |
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LOCAL GOVERNMENT CODE |
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Title 12. PLANNING AND DEVELOPMENT |
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Subtitle C1. ADDITIONAL PLANNING AND DEVELOPMENT PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT |
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Chapter 501. PROVISIONS GOVERNING DEVELOPMENT CORPORATIONS |
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Subchapter I. ALTERATION OR TERMINATION OF CORPORATION |
Sec. 501.404. DELIVERY AND FILING OF CERTIFICATE OF TERMINATION
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(a) Three originals of the certificate of termination shall be delivered to the secretary of state.
(b) If the secretary of state determines that the certificate of termination conforms to this subtitle and on receipt of a $25 fee, the secretary of state shall:
(1) endorse the word "Filed" and the date of the filing on each original of the certificate of termination;
(2) file one of the original certificates of termination in the secretary of state's office;
(3) issue two certificates evidencing the filing of the certificate of termination;
(4) attach to each certificate evidencing the filing of the certificate of termination an original of the certificate of termination; and
(5) deliver a certificate evidencing the filing of the certificate of termination and the attached certificate of termination to:
(A) the representative of the terminated corporation; and
(B) the governing body of the terminated corporation's authorizing unit.