{"data":{"id":"us-tx/tex.-finance-code-351.157","jurisdiction":"us-tx","citation":"Tex. Finance Code § 351.157","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.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE B. LOANS AND FINANCED TRANSACTIONS","CHAPTER 351. PROPERTY TAX LENDERS","SUBCHAPTER D. LICENSE"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.351.htm#351.157","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"517db0c66c67b0e83b6206e7548139413a106a92f67de7b4cf77fa9c525289af","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-351.156","next":"us-tx/tex.-finance-code-351.158"},"notice":"GroundRules: Original legal text. Not legal advice."}