Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Business Organizations Code § 12.253: ACTION AGAINST INSOLVENT ENTITY.

Where this section sits in the code

BUSINESS ORGANIZATIONS CODE
TITLE 1. GENERAL PROVISIONS
CHAPTER 12. ADMINISTRATIVE POWERS
SUBCHAPTER D. ENFORCEMENT PROCEEDINGS

When the attorney general is convinced that a filing entity or foreign filing entity is insolvent, the attorney general shall institute quo warranto or other appropriate proceedings to terminate the certificate of formation or registration of the filing entity or foreign filing entity that is insolvent.

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Collected 2026-08-27T01:46:58Z. Source file · JSON

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