Tex. Business Organizations Code § 301.009
This is the official text of Tex. Business Organizations Code § 301.009, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.
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§ 301.009. TRANSFER OF OWNERSHIP INTEREST.
Official statutory text
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.
(1) an owner of the entity;
(2) the entity itself; or
(3) an authorized person.
Status: in_force · Read it on the official government site
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