Texas Vernon's Texas Civil Statutes - Article 581-3. Administration And Enforcement By The Securities Commissioner And The Attorney General And Local Law Enforcement Officials

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Art. 581-3. ADMINISTRATION AND ENFORCEMENT BY THE SECURITIES 
COMMISSIONER AND THE ATTORNEY GENERAL AND LOCAL LAW ENFORCEMENT 
OFFICIALS.  The administration of the provisions of this Act shall 
be vested in the Securities Commissioner.  It shall be the duty of 
the Securities Commissioner and the Attorney General to see that 
its provisions are at all times obeyed and to take such measures and 
to make such investigations as will prevent or detect the violation 
of any provision thereof.  The Commissioner shall at once lay before 
the District or County Attorney of the proper county any evidence 
which shall come to his knowledge of criminality under this Act.  In 
the event of the neglect or refusal of such attorney to institute 
and prosecute such violation, the Commissioner shall submit such 
evidence to the Attorney General, who is hereby authorized to 
proceed therein with all the rights, privileges and powers 
conferred by law upon district or county attorneys, including the 
power to appear before grand juries and to interrogate witnesses 
before such grand juries.

Acts 1957, 55th Leg., p. 575, ch. 269, Sec. 3.                                

Last modified: August 10, 2007