If, as a result of financial and compliance audits or for another reason, the Texas Workforce Commission finds a substantial violation of a specific provision of this chapter or another federal or state law or regulation and corrective action has not been taken, the council shall:
(1) issue a notice of intent to revoke all or part of the affected local plan;(2) issue a notice of intent to cease immediately reimbursement of local program costs; or(3) impose a reorganization plan under Section 2308.268 for the local workforce development area.Tex. Gov't. Code § 2308.269
Amended by Acts 1997, 75th Leg., ch. 165, Sec. 19.15, eff. 9/1/1997.