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How To Dissolve A Corporation In Texas

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Hold a shareholder vote. To dissolve the corporation, Texas rules require a two-thirds majority of shares to vote to approve the dissolution. Alernatively, you can have all shareholders or their duly empowered attorneys sign a document approving the dissolution.

Closing your Texas corporation will involve a variety of tasks.Among the most important are what is known as winding up and terminating the business. Unlike pretty much every other state in the country, Texas’ laws governing corporations are not simply contained in a Business Corporation Act, but

For example, Rule 29 of the Texas Rules of Civil Procedure provides that service of process on a terminated corporation may be made on the president, directors, general manager, trustee, assignee, or other persons who were in charge of the corporation at the time it was dissolved.

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