TX HB5468

Requires the Attorney General to make written requests to examine business entity records, with each request specifying the statute or governing document section forming the basis of the investigation

Changes the response timeline from "immediately" to "within a reasonable time" for entities to permit inspection of records

Allows entities to file a petition within 45 days to extend, modify, or set aside the Attorney General's examination request in district court, with response deadlines suspended during the petition process

Mandates that the Attorney General conduct inspections and record examinations in a manner that minimizes interference with the entity's operations

Maintains that entities failing to comply with examination requests, subject to the new procedural requirements, forfeit their right to do business in Texas and face registration or certificate revocation