Assume that someone formed a C-Corp around 15 years ago in Texas. Then they let it go dormant with the state by not filing any of the required paperwork nor paying any fees. The SoS of Texas lists the corporation as inactive. The corporation never brought in money in its name. Nothing was filed with the IRS.
The C-Corp was filed in Texas by a Texas resident. The filer still lives in Texas.
How realistic is it to resurrect that corporation? Would each and every year's reports need to be filed, and fees paid to the IRS and the state? Or could it just be reported as inactive and brought up to date? I can't find the answer to this online or at the SoS page.
Would it just be more expedient to form a new LLC or Corp? Will the SoS check the stockholders of the old C corp and disallow them to form a new corporation until the old one is dissolved or brought current?