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2022 Texas Statutes
Business Organizations Code
Title 7 - Professional Entities
Chapter 302 - Provisions Relating to Professional Associations
Section 302.011. Division of Profits
Universal Citation:
TX Bus Orgs § 302.011 (2022)
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Sec. 302.011. DIVISION OF PROFITS. The members of a professional association shall divide the profits derived from the association in the manner provided by the governing documents of the association.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
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