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Texas Business Organizations Code

§ 12.256 — EXAMINATION AND NOTICE

BO § 12.256Title 1. GENERAL PROVISIONS · Ch. 12. ADMINISTRATIVE POWERS · Art. D. ENFORCEMENT PROCEEDINGS

Statute text

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(a)The judge of a court in which a proceeding under Section 12.252 or 12.253 is to be filed shall carefully examine the petition before granting leave to sue. The judge may also require an examination into the facts. If it appears with reasonable certainty from the petition or from the petition and facts that there is a prima facie showing for the relief sought, the judge may grant leave to file.
(b)On an application for the appointment of a receiver, the entity proceeded against is entitled to 10 days' notice before the day set for the hearing.

Legislative history

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

Source: Texas Business Organizations Code § 12.256 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.