Texas § BO.302.002 - DURATION OF PROFESSIONAL ASSOCIATION
Full text of Texas The Texas Constitution § BO.302.002 — DURATION OF PROFESSIONAL ASSOCIATION, with citation guidance and answers to common questions.
§ BO.302.002. DURATION OF PROFESSIONAL ASSOCIATION
DURATION OF PROFESSIONAL ASSOCIATION. A professional association continues: (1) for all purposes as a separate entity independent of the association's members until: (A) the expiration of the period of duration stated in the certificate of formation; or (B) the association is wound up and terminated in the manner provided by the certificate of formation or, if the certificate of formation does not provide a manner for winding up and termination, by a two-thirds vote of the association's members; and (2) in existence notwithstanding: (A) the death, insanity, incompetency, felony conviction, resignation, withdrawal, transfer of ownership interest, or expulsion of a member other than the last surviving member of the association; (B) the admission of a new member or the transfer of ownership interest to a new or existing member; or (C) the occurrence of an event that would require the winding up of a partnership under state law or similar circumstances. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § BO.302.002
What does The Texas Constitution § BO.302.002 cover?
Section BO.302.002 ("DURATION OF PROFESSIONAL ASSOCIATION") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § BO.302.002?
A common citation format is "The Texas Constitution § BO.302.002" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § BO.302.002 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.