Sec. 11.12. ALTERING FORM OF BUSINESS ENTITY. (a) The holder of a permit issued under this chapter, including a food and beverage certificate, may alter the form of the business entity that holds the permit if the ownership of the newly created business entity is identical to the ownership of the former business entity.
(b) Before the 10th day preceding the date the holder of the permit converts to a different form of business, the holder of the permit shall:
(1) file notice with the commission on a form prescribed by the commission of the change in the form of the business entity; and
(2) pay a $100 fee for each permitted premises affected by the change in form of the business entity.
(c) After satisfying the requirements of Subsection (b) and establishing the newly created business entity, that entity may use the permit and exercise any privileges granted by the permit.
Added by Acts 1997, 75th Leg., ch. 961, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 3 - Licenses and Permits
Chapter 11 - Provisions Generally Applicable to Permits
Subchapter A. General Provisions
Section 11.01. Permit Required
Section 11.015. Hearing Location
Section 11.02. Separate Permit Required
Section 11.03. Nature of Permit
Section 11.04. Must Display Permit
Section 11.042. Health Risks Warning Sign
Section 11.05. Unauthorized Use of Permit
Section 11.06. Privileges Limited to Licensed Premises
Section 11.07. Duplicate or Corrected Permit
Section 11.08. Change of Location
Section 11.09. Expiration or Suspension of Permit
Section 11.091. Notification of Expired or Suspended Permit
Section 11.10. Succession on Death, Bankruptcy, Etc
Section 11.11. Conduct Surety Bond