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Texas Occupations Code - OCC § 1201.108. Security:  Change in Ownership or Location

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(a) A new bond is not required for a change in:

(1) ownership of a licensee or a business entity under which a license holder conducts business;  or

(2) location.

(b) A licensee shall notify the department of a change described by Subsection (a) not later than the 10th day before the date the change occurs.

(c) After a change described by Subsection (a), the licensee shall provide to the department a proper endorsement to the original bond showing that the bond continues to apply to the license without interruption.

Cite this article: FindLaw.com - Texas Occupations Code - OCC § 1201.108. Security:  Change in Ownership or Location - last updated April 14, 2021 | https://codes.findlaw.com/tx/occupations-code/occ-sect-1201-108/


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