Since you’re reading this article, you are likely wondering how to change ownership of an LLC. In Texas, the two primary ways to change LLC ownership are by issuing membership interest units or transferring existing units. The issuance of membership interest units is done through the LLC itself. As mentioned above, the company agreement will usually designate the initial number of units. The other way to change ownership is by transferring membership interest units. Many transfers are through a purchase agreement, but not all transfers result from sales.