Texas Business Organizations Code - Section 3.015. Supplemental Provisions Required In Certificate Of Formation Of Professional Association
Legal Research Home >
Texas Lawyer > Business Organizations Code > Texas Business Organizations Code - Section 3.015. Supplemental Provisions Required In Certificate Of Formation Of Professional Association
§ 3.015. SUPPLEMENTAL PROVISIONS REQUIRED IN CERTIFICATE
OF FORMATION OF PROFESSIONAL ASSOCIATION. (a) In addition to
containing the information required under Sections 3.005 and 3.014,
the certificate of formation of a professional association must:
(1) be signed by each member of the association; and
(2) state:
(A) the name and address of each original member
of the association; and
(B) that a member of the association may not
dissolve the association independently of other members of the
association.
(b) The certificate of formation of a professional
association may contain:
(1) provisions regarding shares or units of ownership
in the association;
(2) provisions governing the winding up and
termination of the association's business; and
(3) any other provision consistent with state law
regulating the internal affairs of a professional association.
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Section: 3.008 3.009 3.010 3.011 3.012 3.013 3.014 3.015 3.051 3.052 3.053 3.054 3.055 3.056 3.057
Last modified: August 11, 2007
|
