Texas Occupations Code

§ 351.366 — AUTHORITY TO FORM CERTAIN JOINTLY OWNED ENTITIES

OC § 351.366Title 3. HEALTH PROFESSIONS · Part F. PROFESSIONS RELATED TO EYES AND VISION · Ch. 351. OPTOMETRISTS AND THERAPEUTIC OPTOMETRISTS · Art. H. PRACTICE BY LICENSE HOLDER

Statute text

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(a)Except as provided by Section 351.361 or 351.457, an optometrist or therapeutic optometrist and a physician may, for the purposes described by Subsection (b), organize, jointly own, and manage any legal entity, including:

(1)a partnership under the Texas Revised Partnership Act (Article 6132b-1.01 et seq., Vernon's Texas Civil Statutes);

(2)a limited partnership under the Texas Revised Limited Partnership Act (Article 6132a-1, Vernon's Texas Civil Statutes); or

(3)a limited liability company under the Texas Limited Liability Company Act (Article 1528n, Vernon's Texas Civil Statutes).

(b)An entity authorized under Subsection (a) may:

(1)own real property, other physical facilities, or equipment for the delivery of health care services or management;

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Legislative history

Added by Acts 2001, 77th Leg., ch. 1420, Sec. 14.157(a), eff. Sept. 1, 2001.