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Tex. Business & Commerce Code § 51.251

VOLUNTARY TERMINATION OF BUSINESS OPPORTUNITY REGISTRATION

Texas · Texas Business & Commerce Code · Status: effective

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Tex. Business & Commerce Code § 51.251, VOLUNTARY TERMINATION OF BUSINESS OPPORTUNITY REGISTRATION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/630686
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The principal seller of a registered business opportunity may voluntarily terminate the business opportunity's registration with the secretary of state if: (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. Amended by: