Tex. Nat. Res. Code § 111.093 · Subchapter D. COMMON PURCHASERS
FORFEITURE OF CHARTER OF DOMESTIC CORPORATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) If a domestic corporation that is a common purchaser violates any provision of this subchapter, Subchapter C, F, or G of this chapter, or Sections 111.004, 111.025, 111.131 through 111.133, 111.136, 111.137, or 111.140 of this code or any valid rule promulgated by the commission under those provisions, the attorney general may bring suit in a district court in Travis County against the corporation to forfeit the charter of the corporation and enjoin and forever prohibit the corporation from doing business in this state.
(b) If the corporation is found guilty by the court before whom the action is brought under this section, the charter of the corporation may be forfeited and the injunction may be granted, provided that the forfeiture and injunction are in addition to all other penalties.
Notes and commentary — not statutory text
History
Acts 1977, 65th Leg., p. 2585, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/NR/htm/NR.111.htm
- Text hash
- sha256 323598ab65fb9a720494259ad83ec2a685a560ad542e4f0ee517b1bcb9f726bc
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Natural Resources Code
- Tex. Nat. Res. Code § 111.004GENERAL RESTRICTION ON TRANSPORTATION OF OIL.Printed as Sections 111.004, 111.025, 111.131 through 111.133, 111.136, 111.137, or 111.140
- Tex. Nat. Res. Code § 111.140FILING MONTHLY STATEMENTS.Printed as Sections 111.004, 111.025, 111.131 through 111.133, 111.136, 111.137, or 111.140
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.