What information does Texas require businesses to keep updated with the state?

Texas requires LLCs and corporations to file a Public Information Report (PIR) annually with the Texas Comptroller’s Office. The PIR discloses the current officers, directors, managers and members of the company. If this information becomes outdated (for example, if a prior owner is still listed after leaving the business), the state record creates the legal appearance that the person still has authority to act on behalf of your company. 

Businesses must also report certain changes to the Texas Secretary of State, including updates to ownership structure, registered agent and business address. Keeping both sets of records current is essential to maintaining your liability protection and legal standing.