1. (a) The license of a massage school may not be sold or transferred to another person or owner.
2. (b) If a massage school changes ownership, the new owner must apply for a new massage school license within thirty (30) days before the change in ownership. A massage school may continue to operate pending approval by the department. The new owner must submit a massage school application for a new license meeting all requirements as defined in §117.50.

3. (c) A change of ownership may include the following:

   1. (1) For a sole proprietorship, the licensee no longer owns the massage school.
   2. (2) For a partnership or limited partnership, the partnership is dissolved.
   3. (3) For a corporation or limited liability company, if sold to another person or entity. A change of ownership does not include corporate officer or stockholder restructuring.
   4. (4) The addition or deletion of any person defined as an owner.
   5. (5) Legal incompetence or death.
4. (d) The new owner of a massage school shall accept responsibility for all refund liabilities of the previous owner.

Source Note:The provisions of this §117.52 adopted to be effective November 1, 2017, 42 TexReg 4991; amended to be effective February 1, 2020, 45 TexReg 543.