FORFEITURE OF RIGHT OF TAXABLE ENTITY TO TRANSACT BUSINESS IN THIS STATE.
Tex. TAX Code § 171.2515.
in effect(a) The comptroller may, for the same reasons and using the same procedures the comptroller uses in relation to the forfeiture of the corporate privileges of a corporation, forfeit the right of a taxable entity to transact business in this state.
(b) The provisions of this subchapter, including Section 171.255 , that apply to the forfeiture of corporate privileges apply to the forfeiture of a taxable entity's right to transact business in this state.
Added by Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3 ), Sec. 9, eff. January 1, 2008.
