- (a) Each corporation or professional limited liability company required to obtain a firm license shall certify in its application for a license, that the corporation's Texas franchise taxes are current.
- (b) The making of a false statement as to corporate 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.