Texas Occupations Code 2153.155 – Terms of License
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Terms Used In Texas Occupations Code 2153.155
- Property: means real and personal property. See Texas Government Code 311.005
A license issued under this subchapter:
(1) is effective for only one business entity;
(2) does not vest any property or right in the license holder, except for the right to conduct the licensed business;
(3) may not be transferred or assigned; and
(4) is not subject to execution.