Texas Business Organizations Code 5.059 – Name of Professional Limited Liability Company or Foreign Professional Limited Liability Company
Current as of: 2024 | Check for updates
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(a) The name of a professional limited liability company or foreign professional limited liability company must contain:
(1) the phrase “professional limited liability company”; or
(2) an abbreviation of that phrase.
(b) A professional limited liability company or foreign professional limited liability company formed before September 1, 1993, the name of which complied with the laws of this state on the date of formation but does not comply with this section, is not required to change its name.
Terms Used In Texas Business Organizations Code 5.059
- Foreign: means , with respect to an entity, that the entity is formed under, and the entity's internal affairs are governed by, the laws of a jurisdiction other than this state. See Texas Business Organizations Code 1.002
- Limited liability company: means an entity governed as a limited liability company under Title 3 or 7. See Texas Business Organizations Code 1.002
- Professional limited liability company: has the meaning assigned by § 301. See Texas Business Organizations Code 1.002