22 Tex. Admin. Code § 465.13
A psychologist or the estate of a psychologist has the right to sell a practice to another licensed psychologist. The psychologist or the administrator or executor of the estate should be informed that he or she is to notify the patients/clients that on a given date (reasonable time) the patient's/client's records will be transferred to the referent unless another referent has been named by the patient/client. The psychologist who assumes the practice may state his willingness to work with the patient/client and must offer to effect an appropriate referral in the event the patient/client wishes to see another professional. If the patient/client so elects, the psychologist who assumes the practice is obligated to forward the selling psychologist's or the deceased psychologist's file on the patient/client to the new referent. Arrangements regarding accounts receivable and other financial involvements of the practice being transferred must be resolved by negotiation.
Source Note:The provisions of this §465.13 adopted to be effective January 1, 1976, amended to be effective February 8, 1982, 7 TexReg 352.