Texas Business Organizations Code - Section 12.252. Foreclosure
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Texas Lawyer > Business Organizations Code > Texas Business Organizations Code - Section 12.252. Foreclosure
§ 12.252. FORECLOSURE. (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.
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Section: 12.152 12.153 12.154 12.155 12.156 12.201 12.251 12.252 12.253 12.254 12.255 12.256 12.257 12.258 12.259
Last modified: August 11, 2007
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