A permit holder must immediately forward us a copy of any written notice from any governmental entity indicating that the holder's corporate privileges are forfeited and/or in danger of forfeiture. We may suspend a permit held by a governing body that forfeits its corporate privileges. The suspension will end if the forfeiture is set aside and the corporate privileges are revived as set forth in the Texas Tax Code. We may revoke the permit held by a governing body that does not forward to us a copy of forfeiture notice and loses its corporate privileges.

Source Note: The provisions of this §745.247 adopted to be effective March 1, 2002, 27 TexReg 965; transferred effective July 15, 2019, as published in the June 14, 2019 issue of the Texas Register, 44 TexReg 2963