Tex. Finance Code § 154.410
QUO WARRANTO PROCEEDINGS
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 154.410, QUO WARRANTO PROCEEDINGS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/646300
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Full text
(a) The attorney general may institute a quo warranto proceeding in a district court of Travis County to forfeit the charter or the right to do business of a corporation an officer, director, agent, or employee of which refuses or fails to correct a violation of this chapter after the department or attorney general notifies the officer, director, agent, or employee of the violation.
(b) Thirty days is considered a sufficient period to correct the violation after notice from the department or attorney general.