Tex. Finance Code § 154.410
This is the official text of Tex. Finance Code § 154.410, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 154.410. QUO WARRANTO PROCEEDINGS.
Official statutory text
(a) The attorney general may institute a quo warranto proceeding in a district court of Travis County to forfeit the charter or the right to do business of a corporation an officer, director, agent, or employee of which refuses or fails to correct a violation of this chapter after the department or attorney general notifies the officer, director, agent, or employee of the violation.
(b) Thirty days is considered a sufficient period to correct the violation after notice from the department or attorney general.
(b) Thirty days is considered a sufficient period to correct the violation after notice from the department or attorney general.
Status: in_force · Read it on the official government site
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