Section 71.152 - Material Change in Information; New Certificate(a) Not later than the 60th day after an event occurs that causes the information in a certificate to become materially misleading, a registrant must file a new certificate complying with this chapter in the office in which the original or renewal certificate was filed.(b) An event that causes the information in a certificate to become materially misleading includes:(1) a change in the name, identity, entity, form of business or professional organization, or location of a registrant;(2) for a proprietorship or sole practitioner, a change in ownership; or(3) for a partnership: (A) the admission of a new partner or joint venturer; or(B) the end of a general partner's or joint venturer's association with the partnership.(c) A new certificate filed under this section is effective for a term not to exceed 10 years from the date the certificate is filed.Tex. Bus. and Comm. Code § 71.152
Amended By Acts 2009, 81st Leg., R.S., Ch. 84, Sec. 69, eff. 9/1/2009.Added by Acts 2007, 80th Leg., R.S., Ch. 885, Sec. 2.01, eff. 4/1/2009.