Definition of heir. 1  1 : one who receives property from an ancestor : one who is entitled to inherit property was her father's sole heir. 2  2 : one who inherits or is entitled to succeed to a hereditary rank, title, or office heir to the throne.
A charge will be void unless it is registered within 21 days and, as a consequence, will be void against a liquidator, administrator or any creditor of the Company. The petitioners were therefore left unsecured unless the court allowed them to register their charges late.
Final Franchise Tax Reports. A Texas entity must file and pay its final franchise tax report in the year it plans to terminate, merge or withdraw with the Texas Secretary of Stateâs office. For out-of-state entities, the final report must be filed and paid within 60 days of that entity ceasing to have nexus in Texas. The final franchise tax report must be filed before the entity can get a Certificate of Account Status to terminate, merge or withdraw.