Texas Occupations Code Chapter 162 > Subchapter B – Authority to Form Certain Entities
Current as of: 2024 | Check for updates
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Other versions
§ 162.051 | Authority to Form Certain Jointly Owned Entities |
§ 162.053 | Jointly Owned Entities With Physician Assistants |
Terms Used In Texas Occupations Code Chapter 162 > Subchapter B - Authority to Form Certain Entities
- Board: means the Texas Medical Board. See Texas Occupations Code 151.002
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- 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: means an individual, unless the term is expressly made applicable to a partnership, association, or corporation. See Texas Occupations Code 151.002
- Physician: means a person licensed to practice medicine in this state. See Texas Occupations Code 151.002
- Property: means real and personal property. See Texas Government Code 311.005
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Rule: includes regulation. See Texas Government Code 311.005