Texas § GV.402.023 - CORPORATE CHARTERS
Full text of Texas The Texas Constitution § GV.402.023 — CORPORATE CHARTERS, with citation guidance and answers to common questions.
§ GV.402.023. CORPORATE CHARTERS
CORPORATE CHARTERS. (a) Unless provided otherwise by law, the attorney general shall seek a judicial forfeiture of a private corporation's charter if sufficient cause exists. If satisfactory evidence is presented to the attorney general that a corporation receiving state aid has forfeited its charter or rights under its charter, the attorney general shall immediately seek a judicial forfeiture of the charter. (b) The attorney general shall inquire into the charter rights of each private corporation and act in the name of the state as proper and necessary to prevent the corporation from exercising a power or demanding or collecting a tax, toll, freight, or wharfage not authorized by law. Acts 1987, 70th Leg., ch. 147, Sec. 1, eff. Sept. 1, 1987.
Frequently Asked Questions About Texas § GV.402.023
What does The Texas Constitution § GV.402.023 cover?
Section GV.402.023 ("CORPORATE CHARTERS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § GV.402.023?
A common citation format is "The Texas Constitution § GV.402.023" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § GV.402.023 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.