Tex. Bus. Org. Code § 301.009

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 301.009 - Transfer of Ownership Interest

Except as limited by the governing documents of the professional entity or an applicable agreement, an ownership interest in a professional entity may be transferred only to:

(1) an owner of the entity;

(2) the entity itself; or

(3) an authorized person.

Tex. Bus. Org. Code § 301.009

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.