VOLUNTARY TERMINATION OF BUSINESS OPPORTUNITY REGISTRATION.
Tex. BUS. & COM Code § 51.251.
in effectThe principal seller of a registered business opportunity may voluntarily terminate the business opportunity's registration with the secretary of state if:
(1) the registered business opportunity will no longer be offered in this state;
(2) the registered business opportunity has changed to the extent that it no longer meets the definition of a business opportunity under Section 51.003 (a);
(3) the registered business opportunity has become exempt under Section 51.003 (b); or
(4) the principal seller offering the registered business opportunity ceases to exist as a legal entity.