Sunday, March 16, 2014

generally speaking, if a c corp forfeited the right to do business in texas more than two years ago what happens to the copyrights or trade ...

Question

generally speaking, if a c corp forfeited the right to do business in texas more than two years ago what happens to the copyrights or trade marks "owned" by the company?



Answer

They still belong to the corporation. You would need to have the charter reinstated and then dissolve the company and then distribute the assets such as copyrights and trademarks after paying off all creditors.



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