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Texas Business Organizations Code

§ 12.252 — FORECLOSURE

BO § 12.252Title 1. GENERAL PROVISIONS · Ch. 12. ADMINISTRATIVE POWERS · Art. D. ENFORCEMENT PROCEEDINGS

Statute text

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(a)The attorney general may bring suit to foreclose a lien created by this chapter.
(b)If a filing entity or a foreign filing entity subject to this code has commenced the winding up process or has had the entity's certificate of formation or registration terminated by a judgment, citation in a suit for foreclosure may be served on any person in this state who acted and was acting as agent of the entity in this state when the entity commenced the winding up process or the entity's certificate of formation or registration was terminated.

Legislative history

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

Source: Texas Business Organizations Code § 12.252 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.