Tennessee § 48-248-501 - Foreign professional limited liability companies.

§ 48-248-501. Foreign professional limited liability companies.

Except as provided in subsection (c), a foreign PLLC may not transact business in this state until it obtains a certificate of authority from the secretary of state. A foreign PLLC may not register unless: Its name satisfies the requirements of § 48-248-301; It is organized for one (1) or more of the purposes referenced in and satisfies the requirements of § 48-248-104; and All of its members, all of its governors (or their equivalent), if any, and all managers (or their equivalent) are licensed in one (1) or more states to render a professional service described in its articles; provided, that if the licensing authority of this state permits persons other than qualified persons to serve as governors, if any, or managers of a PLLC, not less than one half (½) of its governors, if any, and all managers except the secretary and treasurer, if any, of a PLLC shall be qualified persons with respect to the PLLC. A foreign PLLC is not required to obtain a certificate of authority in this state unless it maintains or intends to maintain an office in this state for conduct of business or professional practice. Acts 1994, ch. 868, § 1; 1995, ch. 403, § 94.