The corporate existence ends on the issuance of the certificate evidencing the filing of the certificate of termination except for the purpose of:

1. (1) any suit or other proceeding; and
2. (2) appropriate corporate action by a director or officer under this subtitle.

Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.