Texas Occupations Code § 351.361 Lease; Payment Basis; Accounts Receivable

Sec. 351.361. LEASE; PAYMENT BASIS; ACCOUNTS RECEIVABLE. (a) An optometrist or therapeutic optometrist may:

(1) lease space from an establishment;

(2) pay for franchise fees or other services on a percentage or gross receipts basis; or

(3) sell, transfer, or assign accounts receivable.

(b) Subsection (a)(2) does not authorize activity prohibited by Section 351.408.

(c) The purpose of this section is to protect the public in the practice of optometry or therapeutic optometry, better enable the public to assign professional responsibility, and further safeguard the doctor-patient relationship.

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.

Section: Previous  351.355  351.356  351.357  351.358  351.3581  351.359  351.360  351.361  351.362  351.363  351.364  351.365  351.366  351.367  351.401  Next

Last modified: September 28, 2016