TRANSFER OF INTEREST.

Tex. PROP Code § 223.005.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Notwithstanding any provision in an agreement between the owner and a managing entity, an owner of an interest in a managing entity may transfer the interest without approval from the managing entity. Added by Acts 2025, 89th Leg., R.S., Ch. 1096 (H.B. 4211 ), Sec. 1, eff. June 20, 2025.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

Starting a business in Texas? Texas LLC guide: costs and requirements