River Oaks Shopping Center v. Pagan

OPINION

SEARS, Justice.

This is an appeal from a summary judgment granted in favor of Irene and Charles Pagan, appellees. The issue to be determined is whether, under Section 171.255 of Texas Tax Code (Vernon 1982), the debt sued upon by appellant, River Oaks Shopping Center, was “created” or “incurred” after the appellees’ corporation forfeited its right to do business in Texas. If the debt was created or incurred after the Pagan Corporation forfeited its right to do business, then appellees, as officers of the corporation, would be individually liable for the debt pursuant to Section 171.255.…