Legal Research Home > Texas Lawyer > Business Organizations Code > Texas Business Organizations Code - Chapter 301 Provisions Relating To Professional Entities

Texas Business Organizations Code Section 301.001 - Applicability Of Title
(a) This title applies only to a professional entity or foreign professional entity. (b) This title does not affect: (1) the professional or confidential relationship ...

Texas Business Organizations Code Section 301.002 - Conflicts Of Law
This title prevails over a conflicting provision of Title 1, 2, or 3. Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006. ...

Texas Business Organizations Code Section 301.003 - Definitions
In this title: (1) "Licensed mental health professional" means a person, other than a physician, who is licensed by the state to engage in the ...

Texas Business Organizations Code Section 301.004 - Authorized Person
For purposes of this title, a person is an authorized person with respect to: (1) a professional association if the person is a professional individual; ...

Texas Business Organizations Code Section 301.005 - Application For Registration Of Foreign Professional Entity
(a) When required by Chapter 9, a foreign professional entity must file an application for registration to transact business in this state. (b) The secretary ...

Texas Business Organizations Code Section 301.006 - License Required To Provide Professional Service
(a) A professional association or foreign professional association may provide a professional service in this state only through owners, managerial officials, employees, or agents, each ...

Texas Business Organizations Code Section 301.007 - Certain Requirements To Be Owner, Governing Person, Or Officer
(a) A person may be an owner of a professional entity or a governing person of a professional limited liability company only if the person ...

Texas Business Organizations Code Section 301.008 - Duties And Powers Of Owner Or Managerial Official Who Ceases To Be Licensed; Purchase Of Ownership Interest
(a) A managerial official of a professional entity who ceases to satisfy the requirements of Section 301.007 shall promptly resign the person's position and employment ...

Texas Business Organizations Code Section 301.009 - Transfer Of Ownership Interest
Except as limited by the governing documents of the professional entity or an applicable agreement, an ownership interest in a professional entity may be transferred ...

Texas Business Organizations Code Section 301.010 - Liability
(a) A professional entity is jointly and severally liable for an error, omission, negligent or incompetent act, or malfeasance committed by a person who: (1) ...

Texas Business Organizations Code Section 301.011 - Exemption From Securities Laws
(a) A sale, issuance, or offer for sale of an ownership interest in a professional entity to a person authorized under this title to own ...

Texas Business Organizations Code Section 301.012 - Joint Practice By Certain Professionals
(a) Persons licensed as doctors of medicine and persons licensed as doctors of osteopathy by the Texas State Board of Medical Examiners and persons licensed ...

Last modified: August 10, 2007