Untitled Texas Attorney General Opinion

The Honorable Martin Dies, Jr. Opinion No. M- 600 Secretary of State State Capitol Building Re: What statutes control Austin, Texas the Secretary of State In his administrative Forfeiture of charters and certificatesof authority of corporations For Failure to timely pay Franchise taxes; and what statutes apply to his reinstatementOF such Dear Mr. Mes: charters and certificates? Your opinion request presents the FoIlowIng questions: "1. Article 12.17(2), Taxation-General, Vernon's Civil Statutes, Article 7.01B(l), Texas Business Corporation Act, and Article [1396-j 7.01B(l), Texas Non-Profit CorporationAct all provide For admlnlstratlveForFelture by the Secretary of State For+FalIure to pay Franchise tax. Under which of the above statutes should the Secretary of State Forfeit the charter of domestic corporationsand Certificateof Author- ity of foreign corporationsfor Failure to pay franchise tax in the time prescribed by law? 2. Does the $50.00 reinstatementFiling Fee and the twelve month limitation In Article 7.01E. Texas Business Corporation Act and Article [:396-l 7.01E, Texas Non-Profit Corporation Act apply to reinstatementprovisions of Article 12.17 3(b) Taxation-General,Vernon's Civil Statutes?" In answer to your First question, it,ls the opinion of this office that the Secretary of State may Forfeit the charter or certlflcateof authority of a business corporationFor Failure to pay Franchise taxes under authority of Article 7.01B(l), -286% . . Hon. Martin Dies, Jr., page 2 (M- 600) Texas Business CorporationAct and Article 8.16B(l) of the same Act, respectively,or under the authority of Article 12.17, Title 122A, Taxation-GenEal, Vernon's Civil Statutes. Likewise, the Secretary of State may forfeit the charter or certificate of authority of a non-profit corporation under authority of Article 1396-7.OlB(l),,Texas Non-Profit CorporationAct and Article 8.15B(l), of the same Act respectivelyz under the authority of Article 12.17, supra. These statutes were passed by the 61st LegislatureIn 1969. The language of Articles 7.01 and 8.16, Texas Business Corporation Act and Articles 7.01 and 8.15, Texas Non-Profit Corporation Act are Identical In so far as they prescribe a procedure by which the Secretary of State may Forfeit charters and certificatesof authority of the respective corporations and thereafter reinstate such charters and certificateswhere the requirementsFor reinstatement,set out In those statutes, are met. Article 12.17, supra, as amended In 1969, Is a relnact- ment of the procedures theretofore given under Article 12.17 and provides additionalprocedures whereby charters of domestic corporationsand certificatesof authority of Foreign corpora- tlan~,admlniatratlvelyForfeited as provided by that Title, may be rbvlved by the Secretary of State when the requirementsFor reinstatementset out In the statute, are met. The grounds For Forfeiture under 12.17, supra, are fallure to pay the Franchise tax, or File Franchise tax reports. The grounds For forfeiture under the provisions of the Texas Business Corporationand Texas Non-Profit Corporation Acts, also Include Failure to pay the Franchise tax or File Franchise tax reports. Article 12.17, supra, and the other provisions of the Texas Business CorporationAct and Texas Non-Profit Corporation Act, provide different procedures For the Forfeiture and revival of charters and certificatesof authority by the Secretary of State. Articles 7.01 and 8.16, Texas Business Corporat.lon Act and Articles 7.01 and 8.15, Texas Non-Profit CorporationAct, were passed on the same day and are the last expressionof the Legislature. In so Far as there Is any conflict between Article 12.17 and these later statutes In the Texas Business Corporation and Texas Non-Profit Corooratlon Acts. the latest exoresslon of the Legislaturewould co&rol. De Jei~s de ia 0, In-Fe 154 Crlm.Rep. 326, 227 S.W.2d 212 (1950). -2864- Hon. Martin Dies, Jr., page 3 (M- 600) We do not regard the statutes as conflicting. We observe at the outset Section 9, of Senate Bill No, 603, which includes the amendments to Articles 7.01 and 8.15, of the Texas Non- Profit Corporation Act, and S.B. No. 604, which Include the amendments to Articles 7.01 and 8.16, of the Texas Business Corporation Act. These two sections read as Follows: "Nothing In this Act shall Invalidateany of the procedures hereby changed by this Act which have been Initiated prior to the effective date of this Act, and under such circumstances&ing the Secretary of State and any other state agency affected Is authorized to proceed under the appropriatepro- cedures authorized prior to this Act or as changed by this Act." (The word "and!'In brackets was ln- eluded In Sec. 9, of the Texas Non-Profit Cotiporatlon, Act only.) In 14 Tex.Jur.2d 642, Corporations,Section 544, it Is said: "Althoughdissolutionor Forfeiture of a charter terminates the existence of a corporation, our constitutionand statutes preserve a distinction between Forfeiture of a charter and dissolution. Statutory provisions relating to Forfeitures of charters are found in portions of the Revised Statutes deemed to remain effective after enact- ment of the Business Corporation Act. With one exception, provisions relating to involuntary dissolutions are Found In the Business Corporation Act." Keeping In mind the above distinction In the statutes, dealing with different subject matter, we conclude that the statutes concerned are not amendatory of one another,.and they do not present any conflict. Under Article 12.17, supra, deal- ing with Franchise taxes only, the Secretary of State is required to determine that the corporation taxpayer has 'noassets From which a Franchise tax judgment could be pafd. Under the other cited statutes, dealing with corporationsgenerally, no such requirement is provided therein. Our courts will adopt a con- struction of the statutes which avoids any conflict wherever possible. The statutes clearly demonstrate the Intent of the Legis- -2865- . I Hon. Martin Dies, Jr., page 4 (M- 600) lature to provide the Secretary of State with both the For- feiture and reinstatementprocedures set out In Article 12.17, and the forfeiture and reinstatementprocedures set out In the Texas Business Corporation Act and the Texas Non-ProfitCorpora- tion Act. The Secretary of State therefore may Forfeit and reinstate charters and certificatesof authority under either of the procedures provided, and the choice of remedies would be dictated by the Facts of each case. In answer to your second question, It Is the opinion of this office that the reinstatementFiling Fees and the twelve month limitation in Article 7.OlE, Texas Business Corporation Act, and Article 7.01E, Texas Non-Profit Corporatlon'Act,do not apply to relnstatementaorForfeitures under the provisions of Article 12.17, supra. These First two Articles are identical, except For the amount of the relnstatement~FlllngFee, and pro- vide, In part, as Follows: "E. Any corporationdissolved by the Secretary of-State under the provlslo& of Section B of this Article may be remd by the Secretary of State at any time within a-period of tweive months From the date of such dissolution, . . . ReinstatementFiling Fee of $50.00 L$25.Og shall accom any the application For reinstatement." (925.00 For Non-Profit Corporations.) (Pmphasls ours.) This statutory language expressly limits the refnstatement requirementsmentioned above to corporationsdissolved by the Secretary of State under the provisions of Section 3 of Article 7.01 of the Texas Business Corporation Act and Section 9 of Article 7.01 of the Texas Non-Profit CorporationAct. SUMMARY The Secretary of State may administratively Forfeit charters and certificates of authority of corporationsFor Failure to pay Franchise taxes under authority of Articles 7.01 and 8.15, Texas Business Corporation Act, For business corporations, or under Articles 7.01 and 8.16, Texas Non-Profit Corporations Act, For Non-Profit Corporations. The Secretary of State may alSo Forfeit charters and certificatesof authority under the authcrity of Article 12.17, Title 122A, Taxation-General,V.C.S., -2866- . Hon. Martin Dies, Jr., page 5 (M- 6001 where that statute Is applicable. The reinstatement Filing Fees and the twelve month llmltatlon provided For relnstat- lng charters Forfeited under Section B of Article 7.01, of the Texas Business Corporation Act or under Section B of Article 7.01, of the Texas Non-Profit Corporation Act, do not apply to forfeitures made under authority of Article 12.17, supra. s very truly, Prepared by Wardlow Lane Assistant Attorney General APPROVED: OPINION CCMMITTEE Kerns Taylor, Chairman Bill Allen, Acting Co4halrman Thomas F. Sedberry Robert Davis William J, Craig Ed Esquivel MEADE F. GRIFFIN Staff Legal Assistant ALFRED WALKER Executive Assistant NOLA WHITE Ffrst Assistant -2867..