Stroke of the pen risk

searcher profile

December 03, 2025

by a searcher from Rice University - Jesse H. Jones Graduate School of Business in Houston, TX, USA

Texas just repealed its state-level HUB program. While I am sure it will result in a lengthy court battle, it should be taken as a reminder of the importance of understanding “stroke-of-the-pen” risk exposure that an acquisition may have. https://comptroller.texas.gov/about/media-center/news/###-###-#### acting-texas-comptroller-kelly-hancock-announces-emergency-rules-for-revamped-vethub-program###-###-####
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commentor profile
Reply by an intermediary
from Texas Tech University in Austin, TX, USA
This is a huge deal as the number of VetHUB businesses will be less than 500 and currently there are over 16,000 HUB-certified businesses in Texas alone.
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