{"data":{"id":"us-tx/tex.-finance-code-342.157","jurisdiction":"us-tx","citation":"Tex. Finance Code § 342.157","heading":"CORPORATE CHARTER FORFEITURE.","body":"(a) A license holder who violates this chapter is subject to revocation of the holder's license and, if the license holder is a corporation, forfeiture of its charter.\n(b) When the attorney general is notified of a violation of this chapter and revocation of a license, the attorney general shall file suit in a district court in Travis County, if the license holder is a corporation, for forfeiture of the license holder's charter.\nAmended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE B. LOANS AND FINANCED TRANSACTIONS","CHAPTER 342. CONSUMER LOANS","SUBCHAPTER D. LICENSE"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.342.htm#342.157","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"6c0bcf1c7f9021dc031c536bce358af2cb53690cd43e888a8764629363cde92e","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-342.156","next":"us-tx/tex.-finance-code-342.158"},"notice":"GroundRules: Original legal text. Not legal advice."}