Rule 25.03.Transfer of interest.
Current through June 18, 2026 · Last verified July 9, 2026
Full Text of Rule 25.03
Amendment History
The source reproduced here (current through June 18, 2026) records no amendment to this rule since its original adoption — no History line appears for it in the compiled rules. For the underlying adopting order and any later amendments, see the West’s Rules & Procedures.
Plain-English Summary
Rule 25.03 addresses what happens when the interest a party holds in a pending case changes hands while the lawsuit is still active -- for example, through a sale, assignment, or other transfer. The default rule is that the case keeps going in the name of the original party, without needing to bring in the new owner of the interest.
Any party can move the court to have the person who received the interest substituted for the original party, or joined alongside them, and the court decides whether that change is warranted. The motion has to be served the same way a motion to substitute parties after death is served under Rule 25.01.
Frequently Asked Questions
Does a lawsuit end if the party transfers their interest to someone else?
No. Rule 25.03 provides that the action may continue by or against the original party even after a transfer of interest, unless the court, on motion, directs the person who received the interest to be substituted or joined in the case.
How do you bring in the new owner of a transferred interest?
A party moves the court to substitute or join the person to whom the interest was transferred. Rule 25.03 requires that motion to be served the same way a motion to substitute parties after death is served under Rule 25.01.