Tex. Bus. Orgs. Code Section 302.013
Winding up and Termination; Certificate of Termination

(a)

A professional association may wind up and terminate the association’s business as provided by:

(1)

the association’s certificate of formation; or

(2)

if the certificate of formation does not provide for the winding up and termination of the association, a two-thirds vote of the association’s members.

(b)

Except as provided by Subsection (c), a certificate of termination filed in accordance with Chapter 11 (Winding up and Termination of Domestic Entity) must be executed by an officer of the professional association on behalf of the association.

(c)

If a professional association does not have any living officer, the certificate of termination must be executed by the legal representative of the last surviving officer of the association.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Source: Section 302.013 — Winding up and Termination; Certificate of Termination, https://statutes.­capitol.­texas.­gov/Docs/BO/htm/BO.­302.­htm#302.­013 (accessed Apr. 20, 2024).

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Accessed:
Apr. 20, 2024

§ 302.013’s source at texas​.gov