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Tex. Occ. Code § 2153.155

TERMS OF LICENSE

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff

A license issued under this subchapter:

(1) is effective for only one business entity;

(2) does not vest any property or right in the license holder, except for the right to conduct the licensed business;

(3) may not be transferred or assigned; and

(4) is not subject to execution.

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