Texas Business & Commerce Code - Section 41.303. Review And Suit By Attorney General
Legal Research Home >
Texas Lawyer > Business & Commerce Code > Texas Business & Commerce Code - Section 41.303. Review And Suit By Attorney General
§ 41.303. REVIEW AND SUIT BY ATTORNEY GENERAL. (a) The
attorney general may review a disclosure statement filed with the
secretary of state under Subchapter B.
(b) If a disclosure statement fails to comply with this
chapter, the attorney general may:
(1) notify the secretary of state and the seller in
writing of the deficiency; and
(2) file suit to enjoin the seller from doing business
until the failure to comply has been corrected.
(c) If the attorney general notifies the secretary of state
under Subsection (b), the secretary of state shall:
(1) attach a copy of the notice from the attorney
general to the front of the disclosure statement; and
(2) on inquiry of the status of the disclosure
statement, disclose that a statement has been filed but that its
correctness has been questioned by the attorney general.
Added by Acts 1997, 75th Leg., ch. 1008, § 5, eff. Sept. 1, 1997.
Section: 41.201 41.202 41.203 41.251 41.252 41.301 41.302 41.303 42.001 42.002 42.003 42.004 42.005 43.001 43.002
Last modified: August 10, 2007
|
