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Tex. Labor Code § 207.051

SALE OF BUSINESS

Texas · Texas Labor Code · Status: effective

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Tex. Labor Code § 207.051, SALE OF BUSINESS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/686883
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(a) An individual is disqualified for benefits if the individual left the individual's last work because of the sale of: (1) a corporation and the individual was: (A) an officer of the corporation; (B) a majority or controlling shareholder in the corporation; and (C) involved in the sale of the corporation; (2) a limited or general partnership and the individual was a limited or general partner who was involved in the sale of the partnership; or (3) a sole proprietorship and the individual was the proprietor who sold the business. (b) The disqualification under this section continues until the individual has returned to employment and: (1) worked for six weeks; or (2) earned wages equal to six times the individual's benefit amount.