111.093 – FORFEITURE OF CHARTER OF DOMESTIC CORPORATION.
Texas Natural Resources Code § 111.093
Summary
This law outlines the conditions under which a domestic corporation, specifically a common purchaser, may have its charter forfeited due to violations of specified provisions. It affects corporations that fail to comply with regulations related to their operations and responsibilities under Texas natural resources law.
Applies to domestic corporations classified as common purchasers.
Forfeiture occurs upon violation of specific statutory provisions.
Ensures compliance with natural resources regulations.
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In simple terms: Learn about Texas's FORFEITURE OF CHARTER OF DOMESTIC CORPORATION. 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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