Texas Business Organizations Code 2.108 – Powers of Professional Association
Current as of: 2024 | Check for updates
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Terms Used In Texas Business Organizations Code 2.108
- Association: means an entity governed as an association under Title 6 or 7. See Texas Business Organizations Code 1.002
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
Except as provided by Title 7, a professional association has the same powers, privileges, duties, restrictions, and liabilities as a for-profit corporation.