Texas Statutes (Last Updated: January 4, 2014) |
TRANSPORTATION CODE |
Title 6. ROADWAYS |
Subtitle I. TRANSPORTATION CORPORATIONS |
Chapter 431. TEXAS TRANSPORTATION CORPORATION ACT |
Subchapter F. ALTERATION OR DISSOLUTION OF CORPORATION |
Sec. 431.185. EFFECT OF ISSUANCE OF CERTIFICATE OF DISSOLUTION
Latest version.
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The corporate existence ends on the issuance of the certificate of dissolution except for:
(1) the purpose of any ongoing suit or other proceeding; and
(2) corporate action by a director or officer under this chapter.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.