22 Tex. Admin. Code § 174.5 - Joint Ownership

(a) Physician and Physician Assistants may jointly own an entity in accordance with the provisions of Chapters 22, 152, and 301 of the Texas Business Organizations Code.

(b) Physicians and Physician Assistants who jointly own an entity must annually submit a Jointly-Owned Entity Annual Report form, accompanied by an $18 fee.

(c) Restrictions on joint ownership by certain professionals, as set forth in § 301.012 of the Texas Business Organizations Code, only apply to those entities formed after June 17, 2011.

Notes

22 Tex. Admin. Code § 174.5

The provisions of this §174.5 adopted to be effective July 4, 2004, 29 TexReg 6088; amended to be effective October 17, 2010, 35 TexReg 9085; Amended by Texas Register, Volume 40, Number 22, May 29, 2015, TexReg 3148, eff. 6/4/2015; Amended by Texas Register, Volume 42, Number 46, November 17, 2017, TexReg 6515, eff. 11/26/2017; Amended by Texas Register, Volume 45, Number 36, September 4, 2020, TexReg 6174, eff. 7/5/2020 and expired 11/1/2020; Amended by Texas Register, Volume 45, Number 46, November 13, 2020, TexReg 8075, eff. 11/3/2020and expired 1/21/2021; Amended by Texas Register, Volume 46, Number 02, January 8, 2021, TexReg 0235, eff. 1/2/2021 and expired 3/2/2021; Amended by Texas Register, Volume 46, Number 11, March 12, 2021, TexReg 1571, eff. 3/3/2021 and expired 5/1/2021; Amended by Texas Register, Volume 46, Number 20, May 14, 2021, TexReg 3086, eff. 5/2/2021 and expired 6/30/2021; Amended by Texas Register, Volume 46, Number 33, August 13, 2021, TexReg 4919, eff. 7/31/2021and expires 10/13/2021; Amended by Texas Register, Volume 46, Number 40, October 1, 2021, TexReg 6544, eff. 10/7/2021; Adopted by Texas Register, Volume 50, Number 02, January 10, 2025, TexReg 0363, eff. 1/9/2025