ACTION ALLOWED AFTER EXPIRATION OF FILING ENTITY'S DURATION.

Tex. BUS. ORGS Code § 11.311.
in effect
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The expiration of a filing entity's period of duration does not, by itself, create a vested right on the part of an owner or creditor of the filing entity to prevent an action by the attorney general for the involuntary winding up of the filing entity's business and termination of the filing entity's existence.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026

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