15.40 – AUTHORITY, POWERS, AND DUTIES OF ATTORNEY GENERAL.
Texas Business and Commerce Code § 15.40
Summary
This law empowers the attorney general to initiate legal actions to recover damages under federal antitrust laws for the state or its subdivisions. It requires the attorney general to notify relevant entities of such actions, allowing them a 30-day response period.
Attorney general can sue for antitrust damages on behalf of the state.
Notification to affected entities is mandatory before filing suit.
Entities have 30 days to respond to the attorney general's notice.
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In simple terms: Learn about Texas's AUTHORITY, POWERS, AND DUTIES OF ATTORNEY GENERAL. law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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