Sec. 2153.155. TERMS OF LICENSE  


Latest version.
  • 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.

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.