Sec. 501.405. EFFECT OF ISSUANCE OF CERTIFICATE EVIDENCING FILING OF CERTIFICATE OF TERMINATION

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The corporate existence ends on the issuance of the certificate evidencing the filing of the certificate of termination except for the purpose of:
(1) any suit or other proceeding; and
(2) appropriate corporate action by a director or officer under this subtitle.

Added by Acts 2007, 80th Leg., R.S., Ch. 885 , Sec. 3.01, eff. April 1, 2009.

                    
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