Public-domain · open source
OpenJurist

Tex. Bus. Orgs. Code § 301.009

TRANSFER OF OWNERSHIP INTEREST

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

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.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.