Texas Business Organizations Code 301.004 – Authorized Person
Current as of: 2024 | Check for updates
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Terms Used In Texas Business Organizations Code 301.004
- Association: means an entity governed as an association under Title 6 or 7. See Texas Business Organizations Code 1.002
- Individual: means a natural person. See Texas Business Organizations Code 1.002
- Organization: means a corporation, limited or general partnership, limited liability company, business trust, real estate investment trust, joint venture, joint stock company, cooperative, association, bank, insurance company, credit union, savings and loan association, or other organization, regardless of whether the organization is for-profit, nonprofit, domestic, or foreign. See Texas Business Organizations Code 1.002
- Person: means an individual or a corporation, partnership, limited liability company, business trust, trust, association, or other organization, estate, government or governmental subdivision or agency, or other legal entity, or a protected series or registered series of a domestic limited liability company or foreign entity. See Texas Business Organizations Code 1.002
- Professional individual: has the meaning assigned by § 301. See Texas Business Organizations Code 1.002
- Professional limited liability company: has the meaning assigned by § 301. See Texas Business Organizations Code 1.002
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; and
(2) a professional corporation or a professional limited liability company if the person is a professional individual or professional organization.