Sec. 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.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Structure Texas Statutes
Title 7 - Professional Entities
Chapter 301 - Provisions Relating to Professional Entities
Section 301.001. Applicability of Title
Section 301.002. Conflicts of Law
Section 301.004. Authorized Person
Section 301.005. Application for Registration of Foreign Professional Entity
Section 301.006. License Required to Provide Professional Service
Section 301.007. Certain Requirements to Be Owner, Governing Person, or Officer
Section 301.009. Transfer of Ownership Interest