Texas Health and Safety Code 246.044 – Contents of Disclosure Statement: Provider
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(a) The disclosure statement must include the name and business address of the provider and a statement of whether the provider is a partnership, corporation, or other type of legal entity. If the provider is not an individual, the statement must include:
(1) the name and business address of each officer, director, trustee, and managing or general partner; and
(2) the name and business address of each person who has at least a 10 percent interest in the provider and a description of the person’s interest in or occupation with the provider.
(b) The provider may include in the disclosure statement any other material information concerning the facility or the provider.
Terms Used In Texas Health and Safety Code 246.044
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Trustee: A person or institution holding and administering property in trust.