Texas § OC.2051.005 - CERTAIN PROFESSIONAL SERVICES EXEMPT

Full text of Texas The Texas Constitution § OC.2051.005 — CERTAIN PROFESSIONAL SERVICES EXEMPT, with citation guidance and answers to common questions.

§ OC.2051.005. CERTAIN PROFESSIONAL SERVICES EXEMPT

CERTAIN PROFESSIONAL SERVICES EXEMPT. This chapter does not apply to a person who directly or indirectly recruits or solicits an athlete to enter into a contract with the person in which, for compensation, the person performs financial services for the athlete if: (1) the person is licensed or registered by the state as: (A) a dealer, agent, investment adviser, or investment adviser representative; (B) a real estate broker or salesperson; (C) an insurance agent; or (D) another professional; (2) the financial services performed by the person are of a type that are customarily performed by a person licensed in that profession; and (3) the person does not: (A) recruit or solicit the athlete to enter into an agent contract or a professional services contract on behalf of the person, an affiliate, a related entity, or a third party; or (B) procure, offer, promise, or attempt to obtain for the athlete employment with a professional sports team. Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 1091, Sec. 4.04, eff. Sept. 1, 2001.

Frequently Asked Questions About Texas § OC.2051.005

What does The Texas Constitution § OC.2051.005 cover?

Section OC.2051.005 ("CERTAIN PROFESSIONAL SERVICES EXEMPT") 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 § OC.2051.005?

A common citation format is "The Texas Constitution § OC.2051.005" (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 § OC.2051.005 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.