- (a) Corporations or limited liability companies applying for an original or renewal license shall file LNG Form 2026 with the Commission prior to the issuance of such license certifying that its Texas franchise taxes are either current or are not applicable to the company. An applicant may file a Certificate of Account Status issued by the office of the Comptroller of Public Accounts with the Commission as an alternative to filing the LNG Form 2026. Making a false statement as to franchise tax status is grounds for denial, suspension, or revocation of the license granted by the Commission.
- (b) Any applicant for license shall list all names on LNG Form 2001 under which LNG activities requiring licensing are to be conducted. Any company performing LNG activities under an assumed ("doing business as" or "DBA") name shall file with the Commission copies of the assumed name certificates which are required to be filed with the respective county clerk's office and/or the Secretary of State's office.
Source Note:The provisions of this §14.2028 adopted to be effective May 26, 2003, 28 TexReg 4100.