Tex. Bus. & Com. Code § 51.303

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 51.303 - Review and Suit By Attorney General
(a) The attorney general may review the copy of a disclosure statement filed with the secretary of state under Subchapter B.
(b) If the disclosure statement fails to comply with this chapter, the attorney general may:
(1) notify the secretary of state and the seller in writing of the deficiency; and
(2) file suit to enjoin the seller from transacting business until the failure to comply has been corrected.
(c) If the attorney general notifies the secretary of state under Subsection (b), the secretary of state shall:
(1) attach a copy of the notice to the front of the disclosure statement; and
(2) on inquiry of the status of the disclosure statement, disclose that a statement has been filed but that the attorney general has questioned the correctness of the statement.

Tex. Bus. and Comm. Code § 51.303

Amended By Acts 2007, 80th Leg., R.S., Ch. 885, Sec. 2.01, eff. 4/1/2009.