Sec. 154.410. QUO WARRANTO PROCEEDINGS. (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.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle E - Other Financial Businesses
Chapter 154 - Prepaid Funeral Services
Subchapter I. Criminal Penalties and Civil Remedies
Section 154.400. Investigation and Subpoena Authority
Section 154.401. Criminal Penalty for Certain Violations of Chapter
Section 154.402. Criminal Penalty Relating to Deposit or Withdrawal of Money
Section 154.403. Criminal Penalty for Failure to File Report
Section 154.404. Criminal Penalty for Failure to Deliver Money to Designated Agent
Section 154.405. Criminal Penalty for Agent's Failure to Deposit Certain Money
Section 154.406. Administrative Penalty
Section 154.4061. Pattern of Wilful Disregard
Section 154.407. Injunctive Relief
Section 154.408. Cease and Desist Order
Section 154.4081. Emergency Order
Section 154.409. Suit by Attorney General
Section 154.410. Quo Warranto Proceedings
Section 154.412. Seizure of Prepaid Funeral Accounts and Records
Section 154.413. Notification of Purchaser
Section 154.415. Prohibition Order
Section 154.416. Application for Release From Prohibition Order