(a) Each firm subject to the Texas franchise tax must certify in its application for a firm license that its Texas franchise taxes are current.
(b) The making of a false statement as to Texas franchise tax status on any license application or renewal as described in subsection (a) of this section is grounds for suspension or revocation of the license.

Source Note: The provisions of this §513.13 adopted to be effective August 4, 2004, 29 TexReg 7307; amended to be effective August 17, 2008, 33 TexReg 6377; amended to be effective June 7, 2017, 42 TexReg 2935