Tex. Bus. Org. Code § 12.253
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
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.
Tex. Bus. Org. Code § 12.253