Texas Business Organizations Code
Sec.
§
11.201
Conditions for Reinstatement
(a)
A terminated entity may be reinstated under this subchapter if:
(1)
the termination was by mistake or inadvertent;
(2)
the termination occurred without the approval of the entity’s governing persons when their approval is required by the title of this code governing the terminated entity;
(3)
the process of winding up before termination had not been completed by the entity; or
(4)
the legal existence of the entity is necessary to:
(A)
convey or assign property;
(B)
settle or release a claim or liability;
(C)
take an action; or
(D)
sign an instrument or agreement.
(b)
A terminated entity may not be reinstated under this section if the termination occurred as a result of:
(1)
an order of a court or the secretary of state;
(2)
an event requiring winding up that is specified in the title of this code governing the terminated entity, if that title prohibits reinstatement; or
(3)
forfeiture under the Tax Code.Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.