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Tex. Civil Practice and Remedies Code § 64.075

FORFEITURE OF CHARTER FOR UNQUALIFIED RECEIVER

Texas · Texas Civil Practice and Remedies Code · Status: effective

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Tex. Civil Practice and Remedies Code § 64.075, FORFEITURE OF CHARTER FOR UNQUALIFIED RECEIVER, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/632566
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If a person who is not a citizen and qualified voter of this state is appointed receiver for a domestic corporation that owns property in this state, the corporation forfeits its charter. The attorney general shall immediately bring suit in the nature of quo warranto for forfeiture of the charter.