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Texas Business Organizations Code - Section 301.009. Transfer Of Ownership Interest

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§ 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, § 1, eff. Jan. 1, 2006.

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Last modified: August 11, 2007