12.153 – AUTHORITY TO EXAMINE MANAGEMENT OF ENTITY. The
Texas Business Organizations Code § 12.153
Summary
This law grants the attorney general the authority to investigate the management and conduct of both domestic and foreign filing entities. It aims to ensure compliance with governing documents and Texas laws, protecting stakeholders and the public from potential violations.
Attorney general can investigate filing entities' management.
Focus on compliance with governing documents and state laws.
Applies to both domestic and foreign entities.
Frequently Asked Questions
Why Attorneys Choose FlawFinder
Side-by-side with Westlaw and LexisNexis
Feature
FlawFinder
Westlaw
LexisNexis
Monthly price
$19 - $99
$133 - $646
$153 - $399
Contract
None
1-3 year min
1-6 year min
Hidden fees
$0, always
Up to $469/search
$25/mo + per-doc
Police SOPs
✓ 310+ departments
✗
✗
Zero-hallucination AI
✓ CitationGuard
✗
✗
Cancel
One click
Termination fees
No option to cancel
Explain Like I'm 5
In simple terms: Learn about Texas's AUTHORITY TO EXAMINE MANAGEMENT OF ENTITY. The law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
FlawFinder provides legal information, not legal advice. Consult a licensed attorney for specific legal guidance.