Tex. Gov't Code Section 466.159
Death, Dissolution, or Bankruptcy of Sales Agent

(a)

A license issued under this chapter expires on:

(1)

the death of a sales agent who is an individual;

(2)

the dissolution of a sales agent that is not an individual; or

(3)

the bankruptcy or receivership of a sales agent.

(b)

If a license expires under Subsection (a) and the sales agent’s successor in interest desires to operate the sales agency, the successor shall file an application for an extended license not later than the 30th day after the date the license expired. The application must state the basis for the applicant’s claim to be the successor in interest to the sales agent and must contain a certification that the applicant would be eligible for a license under Section 466.155 (Denial of Application or Suspension or Revocation of License). The director shall permit a qualified applicant to operate under an extended license for not more than one year or until a new license is issued to the applicant, whichever occurs first.
Added by Acts 1993, 73rd Leg., ch. 107, Sec. 4.03(b), eff. Aug. 30, 1993.

Source: Section 466.159 — Death, Dissolution, or Bankruptcy of Sales Agent, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­466.­htm#466.­159 (accessed Jun. 5, 2024).

466.001
Short Title 466.002
Definitions 466.004
Exemption from Taxation 466.012
Division Employees 466.014
Powers and Duties of Commission and Executive Director 466.015
Rules 466.016
Annual Report 466.017
Audits 466.018
Investigations 466.019
Enforcement 466.020
Security 466.021
Demographic Studies 466.022
Confidential Information 466.023
Department of Public Safety Records 466.024
Prohibited Games 466.026
Amber Alert 466.027
Veterans’ Assistance Game 466.028
Comprehensive Business Plan 466.101
Procurement Procedures 466.102
Liquidated Damages 466.103
Prohibited Contracts 466.104
Assistance of Comptroller 466.105
Applicability of Other Law 466.106
Preference for Texas Businesses 466.107
Minority Businesses 466.108
Television Contracts 466.109
Publicity of Individuals Prohibited 466.110
Prohibited Advertisements 466.151
License Required 466.152
License Application 466.153
Change in Application Information 466.154
Rules 466.155
Denial of Application or Suspension or Revocation of License 466.156
Bond 466.157
Display of License 466.158
Expiration of License 466.159
Death, Dissolution, or Bankruptcy of Sales Agent 466.160
Summary Suspension of License 466.0161
Review by Comptroller 466.161
Immunity 466.201
Access to Criminal History Record Information 466.202
Fingerprints 466.203
Department of Public Safety Assistance 466.204
Access to Internal Revenue Service Information 466.205
Confidential Information 466.251
Tickets 466.252
Purchase of Ticket Agreement to Abide by Rules 466.254
Purchase of Ticket by or Payment of Prize to Certain Persons 466.256
Representatives by Person Claiming Lottery Prize 466.302
Sale of Ticket at Price Greater than Fixed Price 466.303
Sale of Ticket by Unauthorized Person 466.304
Sale of Ticket at Unauthorized Location 466.305
Sale of Ticket on Credit 466.306
Forgery 466.307
Influencing Selection of Winner 466.308
Claiming Lottery Prize by Fraud 466.309
Tampering with Lottery Equipment 466.310
Certain Transfers of Claims 466.311
Reporting and Record Violations 466.312
False, Incorrect, or Deceptive Statement 466.313
Conspiracy 466.317
Prohibition Against Sale of Certain Lottery Tickets 466.351
Delivery of Funds 466.352
Reporting by Sales Agent 466.353
Liability of Sales Agent 466.354
Duties of Comptroller 466.355
State Lottery Account 466.357
Applicability of Constitutional Provisions 466.358
Compensation of Sales Agent 466.359
Compensation of Sales Agent for Purposes of Contractual Rental Payment 466.401
Ticket Validation 466.402
Payment of Prizes Generally 466.403
Payment of Prize in Installments 466.404
Payment of Prize to Multiple Winners 466.405
Payment of Prize Awarded to Minor 466.406
Right to Prize Not Generally Assignable 466.407
Deductions from Prizes 466.408
Unclaimed Prizes 466.409
Treatment of Prize Payable on Ticket Purchased by Ineligible Person 466.410
Assignment of Prizes 466.411
Choice by Certain Prize Winners to Remain Anonymous 466.451
Multijurisdiction Agreement Authorized 466.452
Revenue from Multijurisdiction Lottery 466.453
Payment of Costs Authorized 466.1005
Procurements 466.3011
Venue 466.3012
Aggregation of Amounts Involved 466.3052
Purchase and Sale of Tickets 466.3053
Purchase of Ticket with Proceeds of Afdc Check or Food Stamps 466.3054
Group Purchase Arrangements 466.4001
Definition 466.4075
Deductions of Child Support from Certain Lottery Winnings
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 466.159’s source at texas​.gov