Sec. 431.185. EFFECT OF ISSUANCE OF CERTIFICATE OF DISSOLUTION  


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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.