EXISTENCE OF PROFESSIONAL CORPORATION BEFORE WINDING UP AND TERMINATION.

Tex. BUS. ORGS Code § 303.005.
in effect
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A professional corporation continues to exist until the winding up and termination of the corporation as provided by Chapter 11 without regard to: (1) the death, incompetency, bankruptcy, resignation, withdrawal, retirement, or expulsion of any shareholder of the corporation; (2) the transfer of shares to a new shareholder; or (3) the occurrence of an event requiring the winding up of a partnership.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026

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