Business Organizations Code § 12.257
A suit under Sections 12.253 or 12.258 may not be filed, and if filed must be dismissed, once the entity reduces its indebtedness so it is not insolvent. The respondent must pay the costs of a dismissed suit under this section.
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- United States — Texas
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- en
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dismissal of action insolvency litigation costs
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Business Organizations Code § 12.257
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