Section 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;(B) whether the association is to be governed by a board of directors or by an executive committee; and(C) the name and address of each person serving as an initial member of the board of directors or executive committee 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.(c) If the certificate of formation of a professional association contains provisions regarding shares in the association, the certificate of formation must also comply with Section 3.007.Tex. Bus. Org. Code § 3.015
Amended by Acts 2007, 80th Leg., R.S., Ch. 688, Sec. 12, eff. 9/1/2007.