Tex. Fin. Code § 342.157

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 342.157 - Corporate Charter Forfeiture
(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.
(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.

Tex. Fin. Code § 342.157

Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. 9/1/1999.