Texas Statutes

§ 2001.432 — FORMING ACCOUNTING UNIT.

Texas § 2001.432
JurisdictionTexas
Code OCOccupations Code

This text of Texas § 2001.432 (FORMING ACCOUNTING UNIT.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tex. Occupations Code Code Ann. § 2001.432 (2026).

Text

Sec. 2001.432. FORMING ACCOUNTING UNIT.

(a)Two or more licensed authorized organizations may form and operate a unit as provided by this subchapter by:
(1)executing a unit accounting agreement; and
(2)stating in the unit accounting agreement whether the unit will use:
(A)a unit manager; or
(B)a designated agent.
(b)More than one unit may be formed at a single location. A licensed authorized organization may not be a member of more than one unit.
(c)This subchapter does not require a licensed authorized organization to join a unit. Except as provided by Subsection (d), whether to join or withdraw from a unit is at the discretion of each licensed authorized organization.
(d)The members of a unit may determine whether to allow another licensed authorized organization to join the unit.

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Legislative History

Added by Acts 2003, 78th Leg., ch. 1114, Sec. 19, eff. Sept. 1, 2003.

Nearby Sections

15
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Bluebook (online)
Texas § 2001.432, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/OC/2001.432.