Texas Education Code 12.122 – Liability of Members of Governing Body of Open-Enrollment Charter School
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(a) Notwithstanding the applicable provisions of the Business Organizations Code or other law, on request of the commissioner, the attorney general may bring suit against a member of the governing body of an open-enrollment charter school for breach of a fiduciary duty by the member, including misapplication of public funds.
(b) The attorney general may bring suit under Subsection (a) for:
(1) damages;
(2) injunctive relief; or
(3) any other equitable remedy determined to be appropriate by the court.
Terms Used In Texas Education Code 12.122
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
- Fiduciary: A trustee, executor, or administrator.
(c) This section is cumulative of all other remedies.
