Tex. Lab. Code § 207.051 · Subchapter C. EXCEPTIONS TO AND DISQUALIFICATION FOR BENEFITS
SALE OF BUSINESS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An individual is disqualified for benefits if the individual left the individual's last work because of the sale of:
(1) a corporation and the individual was:
(A) an officer of the corporation;
(B) a majority or controlling shareholder in the corporation; and
(C) involved in the sale of the corporation;
(2) a limited or general partnership and the individual was a limited or general partner who was involved in the sale of the partnership; or
(3) a sole proprietorship and the individual was the proprietor who sold the business.
(b) The disqualification under this section continues until the individual has returned to employment and:
(1) worked for six weeks; or
(2) earned wages equal to six times the individual's benefit amount.
Notes and commentary — not statutory text
History
Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1997, 75th Leg., ch. 93, Sec. 2, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LA/htm/LA.207.htm
- Text hash
- sha256 91469fc82c24322735ac5c4d03343c04ef021eb8f1e94459e290a4970447faff
- 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
Cited by 1 provision
Provisions in this library whose text cites Tex. Lab. Code § 207.051. Each shows the citation as that text prints it.
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.