Sec. 31.0411. TERM OF LICENSE; TRANSFER. (a) Except as provided by Subsection (b), a license issued under Section 31.041 : (1) is valid for two years from the date of issuance; and (2) may not be transferred to another person. (b) A license issued under Section 31.041 in the name of a business remains valid for the business location specified on the license if a change of ownership or business name occurs. (c) A license issued under Section 31.041 may be transferred to a new address if: (1) a business moves to another location; and (2) a change of ownership has not occurred.
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