Expands the Attorney General's ability to investigate the organization, conduct, and management of Texas corporations, including nonprofits, and foreign corporations, to determine whether they are or have violated state law or their own governing documents; allows the Attorney General to require organizations to file sworn written statements providing all information requested by the AG in connection with an investigation, and to examine any person under oath; provides for forfeiture of the right to do business in the state and potential loss of business registration or certificate of formation for failure to cooperate with an AG investigation, unless a court finds the organization had a good-faith reason not to provide requested documents, and did not refuse compliance to cause delay; provides for criminal penalties for removing, concealing, withholding, destroying, mutilating, altering, or falsifying a record with intent to avoid compliance with an investigation; imposes fines up to $5,000 and other criminal penalties; allows investigated entities to petition a state court for additional time to respond to investigative requests. Companion bill H.B. 4852.