Tex. Bus. Orgs. Code § 301.009 · Chapter 301. PROVISIONS RELATING TO PROFESSIONAL ENTITIES
TRANSFER OF OWNERSHIP INTEREST.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
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.
Notes and commentary — not statutory text
History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BO/htm/BO.301.htm
- Text hash
- sha256 66cbc58ec24bcdec0621704597e2a96fca53bf44407a0a61cfd494e9c3a220f8
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.