Texas Business and Commerce Code - BUS & COM § 51.251. Voluntary Termination of Business Opportunity Registration

(1) the registered business opportunity will no longer be offered in this state;

(2) the registered business opportunity has changed to the extent that it no longer meets the definition of a business opportunity under Section 51.003(a);

(3) the registered business opportunity has become exempt under Section 51.003(b);  or

(4) the principal seller offering the registered business opportunity ceases to exist as a legal entity.