Texas Statutes (Last Updated: January 4, 2014) |
BUSINESS ORGANIZATIONS CODE |
Title 7. PROFESSIONAL ENTITIES |
Chapter 302. PROVISIONS RELATING TO PROFESSIONAL ASSOCIATIONS |
Sec. 302.003. AMENDMENT OF CERTIFICATE OF FORMATION
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(a) A professional association may amend the association's certificate of formation as provided by Chapter 3 and:
(1) by the procedure for amendment stated in the certificate of formation; or
(2) if the certificate of formation does not provide a procedure for amending the certificate, by a two-thirds vote of the association's members.
(b) A professional association is not required to amend the association's certificate of formation to reflect a change in membership or a transfer of ownership interests in the association.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006. Amended by: Acts 2005, 79th Leg., Ch. 64 , Sec. 99, eff. January 1, 2006.