DecisionDepot
California legal research

Texas Business Organizations Code

§ 11.303 — FILING OF ACTION BY ATTORNEY GENERAL

BO § 11.303Title 1. GENERAL PROVISIONS · Ch. 11. WINDING UP AND TERMINATION OF DOMESTIC ENTITY · Art. G. JUDICIAL WINDING UP AND TERMINATION

Statute text

View on source
The attorney general shall file an action against a filing entity in the name of the state seeking termination of the entity's existence if:
(1)the filing entity has not cured the problems for which winding up and termination is sought before the 31st day after the date the notice under Section 11.302(b) is mailed; and
(2)the attorney general determines that cause exists for the involuntary winding up of a filing entity's business and termination of the entity's existence under Section 11.301.

Legislative history

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Source: Texas Business Organizations Code § 11.303 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.