Untitled Texas Attorney General Opinion

. ’ 9‘HE ,!TI-ORNEY GENERAL OF TEXAS AUSTIN ,,.TExA~ September 13, 1957 Honorable Zollia Steakley Opinion No. W-227 Secretary of State of Texas Austin, Texas Re: Can the Secretary of State, under Art. 9.14 C (3) of~the Texas Business Corporation Act, demand of a trustee of a,corp- oration which is ,in pro- cess of reorganliation under Ch. X of the Fedar- 61 +-&ruptcy Act the sum of,money required under Art. 7092 V.C.S. to re- vive the right to do business in Texas, where petition ~for suoh,,reor- ganization was filed in the Federal Court prior to the date upon which such right to do,business was required to be for- feited under Art. 7091, Dear Mr. Steakiey: v.c.9. In your recentletter you:,requestour oplnjon baaed upon the facts you state and which are hereinafter recited, on the following question: "Was the Secretary,of State authorized to, require the payment of the penalty of $473.85 and the revival fee of $2,132.33 from this, corporationunder the above facts, or on the other hand, Is the corporation entitled to a refund of either or both sums so paid to the Secretary of State?" The corporation ln'question is Texas City'Chemicals, Inc. You recite the following fact situation: "The captioned corporation, properly chartered by the State ,o~f Texas, failed to I pdcvits franchise taxes in the amount of f&,738.50 which was due on May 1, 1956. On June 22, 1956, a petition for reorganiza- tion of the corporation under Chapter X . . Hon. Zollie Steakley Page 2 Opinion No. NW-227 of the Bankruptcy Act was filed In the Federal District Court and subsequently approved with a trustee being duly ap- pointed. "On July ,2,1956, during the pendency of reorganization proceedings, the Seoretary of State, in conformity with the provisions of Article 7091, R.C.S., as amended,,for- felted the corporation's right to do business in this State. !'?!he State of Texas on October 18, 1956, filed in the reorganization proceedings its claim against the corporation for delinquent franchise tax of $4,738.50, plus the penalty ,of lo$,amounting to $473.85, as provided in Article 7091, R.C.,S.,as amended. On January 3, 1957, after due notice and hearing on Trustee's objections to the allowance of a 10% penalty, the federal distrlot ordered only the franchise tax of to be allowed as the claim of the State of Texas and specifically denied any right to the penalty of $473.85. No appeal was taken. "Under a plan of reorganization of the corporation application for adoption of the Texas Business Corporation Act (as a prelude to charter amendments under this act) was filed with the Secretary of State on March 22, 1957. Beaause of the provisions of Article 9.14C(3), Texas Business Corporation Act,.this office refused to file the adopt- ion unless a total amount of $7 344.68j (being delinquent franahlse taxes of $&,783.50, plus 10% penalty thereon of $473.85, plus an addi- tional amount.for revival fee under Article 7092, R.C.S., as amended, of $2,132.3;~tw~; first paid. Fn or&l and lnf;rma: 8 this office a reed to place $2 606 1 of the total amount the penalty of 10% In Ule sum of $473.85 and the revival fee of $2,132,23) in a departmental suspense account pending determination of the proper amount, in excess of the undisputed sum of $4,783.50, due the State of Texas." In addition, you have advised us that the notice of delinquenay required by Articles 7092 and 7091, V.C.S. . . . ” Hon. Zollle Steakley Page 3 Opinion No. WW-22'7 to be mailed by the Searetary of State to each corporation which failed to pay its franchise tax on or before May 1 was mailed on May 31, 1956. For convenience we have considered the laws of the United States whloh bear upon this inquiry in Seotion I of this opinion, and the laws of Texas upon the subject In Seotlon II. I. We hold that the corporation and the trustee are liable for the revival fee and the penalty for late pay- ment of the franchise tax under the laws of the United States as a charge to remoVe forfeiture of 'the corporate right to do business which was allowed to be incurred subsequent to attaahment of jurisdiction of the Bankruptcy Court. We consider the case of Bote1er.v. Ingels, 308 U.S. 57 (1939) as determinative of this position. We would pre- fer to quote that entire opinion - It is unusually concise and precise in support of our position - but in deference to brevity urge that it be read and considered very care- fully. The Act of Congress of June 18, 1934, 48 Stat. at L. 993, Ch. 585, 28 U.S.C.A. Sec. 124a therein quoted is ndw encompassed within the provisions of 28 U.S.C. Sets. 959(b) and 960. Changes in wording of this Act have not altered the force nor restricted the scope of application of this decision. See also the following sections of the Bankruptcy Act of 1938: 11 U.S.C..Ch. 7,~~Sec.102 (a), beln 62 (a) of the Act; ll,U.S.C.~Ch. 10, Sec. 616 (3 Sec. 216 (3) of the Act; and 11 U.S.C. Ch b , bein Sec. 57 (j) of the Act; In re Chicago & N. W. co. 5homson v. Toman, 119 F. 2d y(l (C C C '(th1941) Collier on Bankruptcy. 14th Rd.. Xl. i,ia;. 13.03 (II. P. 4513 4 ..-_-- i th refer ----- &nce to Sec.~62 (a) of the l?&kr&tcy Act. (SeeJAW.opendixfor copy of Federal Statutes cited in this opinion]. Rightson the part of the corporation of preventing the forfeiture existed continually and with no qualifica- tions from the date of filing of the petition in reorgan- ization on June 22 until the right to do business was forfeited by the Secretary of State on July 2, 1956. Under Article 7092, V.C.S. (first sentence) and Article 7091, V.C.S. (second sentence) the Secretary of State could not have forfeited the corporate right to do business until 30 days after mailing of the notice re- . . Hon. Zollie SteijlkleyPage 4 Opinion No. WW-227 quired by these Articles. This officer advises us that he mailed this ,notice on May 31, 1956. Theref'o~re, the forfeiture could not have been made until 30 days after May 31, 1956, which was after June 22, 1956. When it was made on July 2, .there accrued and became due to the State in order to restore to the corp- oration its right to do business the sum of money to be ascertained as provided in that portion of Article 7092 hereinabove mentioned. This sum is plainly stated by that Article to be the consider8tlon necessary to move to the State, not in discharge of the penalty for late payment of the franchise tax, but in payment for a new' and wholly different and very valuable favor from the State, i.e. restoration of the corporate right to do business, and release of the State's right to forfeit the charter. (Articles 7092, 7096). Furthermore, this sum upon'lts :aecrual also be- came secured by a lien, under Article 7090, V.C.S: "The state shall,have a prior lien on all corporate,property for allfranchise taxes and penalties. . .' Had the Legislature fixed a flat fee for revival, without reference to the late payment penalty, lt'would be clear that such sum would be due without question. Even If the late payment penalty is considered as a part of the cost to remove the forfeiture such component still did not accrue until after the bankruptcy proceed- ings were initiated. With reference to application of the foregoing authorities we believe the corporation and Trustee owe both the pena1t.yand revival fee on the basis of such sums being necessary costs in administering and preserving the corporate estate under Sections 62 (a) and 216 (3) of the Bankruptcy Act, and under 28 U.S.C. Sections 959(b) and 960 In order to comply with the laws of TeX8S in the management, conduct and operation of the corporation while under the jurisdiction of the bankruptcy court. In,Palmer.v.,Webster & Atlas National Bank of Boston, "The purpose o,fthis bill is to subject' businesses conducted under 'receivership in Federal courts to State 8nd 10~81 taXa- . . . . Hon. Zollle Steakley Page 5 Opinion No. WW-227 tion the same as if suoh businesses were oondueted by private Individuals or corporations. . .What Congress in- tended was that a business in reoeiver- ship, or conducted under court order should be subject to the same tax liabi- lity as the owner would have been if in possession and operating the enterprise." Complete jurisdiction of the bankruptcy court over all property and affairs of the corporation attached on June 22, 1956, the date on whleh petition in reorganization was filed in the United States District Court in Qalveston. If the corporation doubted Its liability for either the tax or penalt or any part of either, under 11 U.S.C. Ch. 6, Sec. 93 (j being Sec. 57 (j) of the Bankruptcy Act of 1938, or under any other law, it had a plain com- plete and timely mode of protection under both Article 4388 and 7057b, V.C.S. to prevent forfeiture of its right to do business. Isbell v. Gulf Union Oil Co., 147 Tex. 6, 209 S.W. 2d 762 (Tex. Sup. 1946) taryof State v.,Texas Frozen~Foods,,Inc., 275 (Tex. Sup. 1937,71- . In any event the trustee legally could have pre- vented the forfeiture of the right to do business and con- sequent penalty for reViVa1 of such right, and was legally bound to have done so. While the penalty, considered as a penalt for late payment, may have been barred under Section 57 (jy of the Bankruptcy Act it accrued and became due as an incident to preserving and protecting the estate of the bankrupt during administration by the bankrupt court, under 28 U. S.C. Sacs. 959 (b) and 960, and under 11 U.S.C. Sacs. 102 (a) and 616 (3). Not only was the corporate business being conducted through the Bankruptcy Court in a proceeding in reorgani- zation under Chapter X of the Bankruptcy Act, on July 2, 1956, but such proceedings continued through March 22, 1957 when the application to adopt the Texas Business Corporation Act was filed. The creditors as well as the stock holders were entitled and required to be protected . . Hon. Zollie Steakley Page 6 Opinion No. W-227 by the preservation of this valuable right to do business in the corporation., Reorganization has for its main purpose the re- habilltatlon of the debtor, and to that end contemplates the continued corporate existence of the debtor. Forfeit- ure of franchises or accrual of penalties for non-payment of the tax would begserious barriers to such rehabllita- tion. Thompson~v. State of Louisiana, 98 F. 2d 1.08,(C. C.A. 8th 1938) Mayer v. Gros,llb,F. 2d 737 (C.C.A. 5th, 1940); MlFarlanh v. Hurley, 286Fed. 365 (C.C.A. 5th, 1923); In re .Fonda, J. & G.R. Co, Zimmer v. New York State,Tax Comm.,12bF 2db04(CCA 9 2d 1942 Cert Den. 31b r mm); In're International Phwer Sicurities Corp..,~ 109 : F. Supp. 544 (3d3 0 er on nk- ruptcy, 14th Ed. 6~1.~;, ;rS:;&1519: '~~ ., The franchise taxes3 penalties and forfeitures of' the State of Texas are non-discriminatory as to corpora- tions in receivership, in the hands of a trustee, or under In Michigan v. Michigan Trust Co., 286 U-S. 334 (1931) the Court recognized that under franchise tax statutes similar to those of Texas the corporate franchise might be forfeited by the state folafailure of a Receiver appointed by a Federal court and managing the corporate business to pay the corporation franchise taxes when due. Forfeiture of the,,corporation"sright to do busl- ness was mandatory upon the Secretary of State under Article 7091 V.C.S., Tex. Const. Art. I,!;Set, 28. Imme- diately upon such forfeiture there accrued and became due and payable the composite ,sum o'fmoney necessary to restore this right to do business, as required by Article 7092 V.C.S., as follows: "Any corporation whose right to do business may have been forfeited, as provided in this Chapter, shall be relieved from such forfeiture by paying to the Secretary of State,at any time prior to the forfeiture of the,charter or permit of such corporation as hereinafter . - Hon. Zollie Steakley Page 7 Opinion No. WW-227 provided, the full amount of the fran- chise taxes and penalties due by it, to- gether with an additional smount of five per cent (52) of such taxes for each month, or fractional part of a month, whiah shall elapse after such forfeiture as a revival fee; provided, that such amount shall In no case be less than Five Dollars ($5). When such taxes and penal- ties and the revival fee shall be paid to the Secretary of State, he shall revive the right of the corporation to do business with the State. . . .' We have found only one case which at first glance miaht aunear to make an intrusion uvon the foregoing auzhori?.ies. That Is California State Board of-Equallza- tionv. Goggln, Inre,Exeter Refinn.1 g Co., 183 F. 2d 489 . . . , 930, cert. den. 340 U .S . 891) (herein re- ferred to as the Rxeter Case). However, this case does not lessen the force nor the scope of application of Boteler,v..Ingels (Supra) nor other authorities herein+ above cited to the facts stated In the request for this opinion. The Exeter Case is subject to several material distinctionsfromthe situation under which the Trustee of Texas City Chemicals, Inc., paid to the Secretary of State of Texas the sums of money in question (herein referred to as the Texas Case). 1) In the Exeter Case the tax had become due prior to inception of the bank- ruptcy proceedings. In the Texas case both the incident of forfeiture as well as the sum of money in question necessary to revive the right of the corporation to do business accrued and became-fixed,after the bankruptcy petition was filed. 2) Only payment of a tax and penalty, with- out a lien therefor being asserted, was in- volved in the Rxeter case. Preservation and protection of thecorporate estate against loss of a very valuable right: I. e. its rieht to do business in Texas. is material in the Texas Case. - . - Hon. Zollie Steakley Page 8 Opinion No. W-227 3)Exeter withheld from the sovereign a simple tax claim. In the Texas Case the corporation would ask,?%%, that the State withhold exercising its sovereign duty of forfeiture, contrary to its Consti- tution, and second, that if the State be allowed to exercise,thls sovereign function, then that the corporation be allowed to ex- tract from the sovereign a gratituity in the nature of a removal of such forfeiture. 4) The Texas corporation could have paid the tax and penalty under either Article 4388 or Article 705713,V.C.S. and pre- vented forfeiture. No mode of preventing the penalty sought in the Exeter case is mentioned in that case. 5)'Sxeter paid the tax with legal interest; the Texas corporation tendered no tax nor any other sum prior to and In prevention of forfeiture. ,. II. We further hold that the corporation was required to pay both the late payment penalty and the revival fee incident to the accrued franchise taxes under the Texas Business Corporation Act, Art. 9.14 C (3), which directs the Secretary of State to file a corporate resolutions adopting the Act, .when all fees and franchise taxes have been paid as prescribed by lawz7 (underscoring added) The amount demanded by the Secretary of State was paid by the Trustee for the corporation under Article 4388, V.C.S. This amount at the option of the Trustee also could have been paid under Article 7057b, V.C.S. The Trustee contends that neither the late payment penalty nor th; revival fee are comprehended within tie scope of the phrase . . .all fees and franchise taxes. as used in the above Art, 9.14 C (3) of the Texas business Corporation Act. Although we find no decisions of our courts which have construed,Article 4388 and which apply to this contention we believe there are applicable the several cases hereinafter cited in which our Supreme Court has considered penalties and fee incident to franchise taxes paid under protest under Article 7057b. It is our opinion that the Legislature intended the terms It. . . all fees and franchise taxes. . -' as used in this Art. . . Hon. Zollie Steakley Page 9 Opinion No. W-227 9.14 C (3) to include the late payment penalty and revival fee which were due and paid by the Trustee. Article 7057b In Sec. 1 states It Is applicable to: _, II . . .any occupation, gross receipt, fran- chise; license or other privilege taxor fee . . . paid "to the head of any department of the State Government. . .",-and-authorizes suit for recovery ". of such taxes or fees. . .' (Underscoring added). Sec. 7 of this Article 705713reads: "The provisions of this law shall be cumula- tive of all laws relating to the payments of taxes orfeesof,undetermined.status and for the holding thereof in the suspense ac- count fund of the State Treasurer". We are aware of the holding in the case of Jcnes v..w1111ams, 121 Tex. 94, 45 S.W. 2d 130 (Tex. Sup.-), cited by the Trustee in its brief submitted in connection with this opinion request, wherein the Court at page 133 said: ,1. . *the impositions made for delinquency for failure to pay taxes, whether the impositions are denominated 'penalties', 'interest', 'forfeitures', or whether pre- scribed without definition or name are all in reality penalties imposed for delinquency OP failure of duty, and all enated in aid of the state's revenue. . ." The Court then categorically held that such "pen- alties" are distinct from and not a part of the tax to which such impositions are incident. Adverting again to Article 7057b and to the case to the wording of that statute, at page 964 the court said: "We think Article 7057b, supra, and related statutes, should be liberally construed, to the end that an adtiqwateremedy be accorded those who are required to pay illigal taxes". (underscoring added). , . Hon. Zollie Strrakley Pag4 10 Opinion No. WW-227 It seems to be settled by dacisions of OUP Texas Supr4me Court that th4 terms "taxes OF f44s” used in this Artlcla 705713uomprehend all penalties which may arise iri- cident to the Texas franchise tax. Isbell v.,QulfUnion Oll.Co., 147 Tax. 6, 209 S.W. 26 762 (T SUP. 194tJ* lgham, Sec. of Stat4v. Gulf, C..& S.4?RyCo., 2 6 S. w. 2d 811 (Cl . % f n.P.4.); Wuldrow, Sec..of &ate ~:~T~~asPro~s~~~df;~ ' Ina., 299 S.W. ??b (Tax. Sup. 1957).~ Based upon these decisions Itappears to us that Art. 9.14 C (3) of the Texas E!usiness,CorporationAct r4- quires a corporation, delinquent in any franchise tax, penalty OP fee incident to the,franchisetax, to pay all these charges before the State will recognize an adoption of the Act In any respect. Under Article 7092, V.C.S. there is assessed against a corporation as one component of '. . . the amount neces- sary to entitle it to have its right to do business re- vived. ' a sum denominated a "revival fee" The word "fee" is likewise used in both,Artlcle 7057b and in Sec. 9.14 C (3) of the Corporation Act under consideration. Whather the composite sum necessary to revive'the right in" to do business, lncludin# each and all its components, is denominated a "tax", penalty" OP "fee", we believe that both the Legislature and OUP Stat4 Supreme Court have made it clear that under our franchise tax laws the intent of tha Legislature is that these laws be liberally construed as revenu4 measures, and that the terms mentlon- ed will not be restricted to their othartise possible fin4 distinctions. We believe that the language and effect of the de- cision of the Taxas Supreme Court in th4 case of Federal- Crude Oil Co. v. Yount-Lee Oil Co., 122 Tex. 21, 32 S W 2d >b (T S 1932) there applied to Article 7091 'V' C.S. is yzst %'applicable to otherarticles pertaining' to payment and collection of the stata's'franchise,taxes,~ wherein at page 61 the Court saia: "This statute is purely a revenue measure. Under it large sums are collected for the support of the st,ategovernment. Statutes of this nature are ,alwaysliberally oon- strued so as to affectuate the ehiaf object and purpose of their enactment". And in the same paragraph the Court continued: Hon. Zolll4 Steakley Paga 11 Opinion No. WW-227 "The primary purpose of such a statute Is to seoure the paym4nt of tha tax48 therein levied." The Legislature has lumped together "all franchise taxes and penalties' (Art. 7090, V.C.S.) and "any fran- chise tax or franchise taxes or penalty or penalties" (Art. 7095, V.C.S.) as being secured by lien on all corporate property and as being obligations for which a corporation charter may be forfeited. We believe the purpose and effect of the provisions of Art. 9.14, Sec. C(3) of the Texas Business Corporation Act should be likewise construed to rdquire a corporation delinquent In any franchise tax or any penalty or fee in- cident to that tax to pay all this delinquency before the State will file an amendme~to the corporate charter under which the corporation adopts any new provision of that Act ana receives any of its benefits. The Legislature by con- ditioninf the privilege of adoption of tha Act upon pay- ment of . . . all fees and franchise taxes. scribed by law. . .I'intended to and did add an'a~&.~~~nal moans of enforced payment of all such delinquencies. "And where the legislative purpose and intent can be fairly and reasonably de- duced from the lanauaae of tha statute. when taken as a whgle; such~purpose and intent should be effectuated." Thompson v. Missouri, K.~& T Ry. Co., 103 Tex. 37 ‘126 S W 257 (128 S W 169, rehearing dz' nied,'Tex. S&p. 1910j.’ All of the above authorities and our views ar4 In complete harmony with the long settled principle that for purposes of payment all interest and penalties incident to a tax become inseparably merged with the tax Itself so that the composite sum must be paid in whole. Except for the special act relating to ad valorem taxes which was construed in the case of Jones v. Wllli.sms,supra, there is no other provision in our state tax structure wherein a delinqu4nt tax payer Is allowed to pay an ex- isting legally delinquent tax without at the same time also oavlnstthe Penalties and other comoonents which have become a p&t of-the delinquency. Richhy, Tax Collector v. Moor, 112 Tex. 493, 249 S.W. 172 (T s 923) L&kin Land and Lumber Co. v. Noble, 12'7S.W.e&J3uT)Tex. civR&T, 1910) . -. J_. . . . Hon. Zollie Steakley Page 12 Opinion No. ,WW-227 The prior refusal of the bankruptcy court to allow the penalty for late payment as a penalty~does not effect the liability of the corporasion ana the Trustee for such as a part of the expense incident to admlnistering e": estate upon subsequent adoption by the corporation of the Texas Business Corporation Act. Where the corporation Invokes the baneflts of the Act It must'pay the cost set by the Legislatura for that privilege. SU M,M~A RY Where the right of the Stat4 to forfeit a corporation's right to do business in Texas ac~cruedafter a,petition for reorganization of the corporation under Chap.,X of the Fedaral Bankruptcy Act has been filad the sum of money necessary to r4vive ,the right to,do businsss is payable by the Trustee In Bankruptcy under the bankruptcy laws as an 4xpense of presarving and administering the corporate estate, and is properly demanded by the Secretary of State upon the corporation filing its resolution adopting the Texas Business Corporation Act under Article 9.14 C(3) of that Act. Very truly yours WILL WILSON Attorn4mi(neral of Texas W. E. Allen WEA/fb Assistant APPROVED: OPINION COMMITTEE Gaorge P. Blackburn, Chairman~ W. V. Geppert REVIEWED FOR THE ATTORNEY GENERAL By: James N. Ludlum